AAR ruling on back offices may hit India's image as global service provider, says NASSCOM
Updated : November 20, 2018 06:33 AM IST
It added that this will have a direct impact on more than 500 GICs (Global In-house Centres) with over 3.5 lakh employees currently operating out of India, and supporting their global counterparts.
Recently, the Maharashtra bench of AAR - in the case of Vserv Global - had upheld that back office support services qualify as 'intermediary' services, and in turn liable to 18 per cent Goods and Services Tax (GST).
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