{"id":69487,"date":"2024-06-27T18:15:23","date_gmt":"2024-06-27T12:45:23","guid":{"rendered":""},"modified":"2024-06-27T18:15:23","modified_gmt":"2024-06-27T12:45:23","slug":"clarification-on-igst-act-custodial-services-to-fpis-not-classified-as-services-to-account-holders-u-s-13-8-a","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=69487","title":{"rendered":"Clarification on IGST Act: Custodial Services to FPIs Not Classified as Services to Account Holders u\/s 13(8)(a."},"content":{"rendered":"<p>Clarification on IGST Act: Custodial Services to FPIs Not Classified as Services to Account Holders u\/s 13(8)(a.<br \/>Circulars<br \/>GST<br \/>The circular provides clarification on the place of supply for custodial services offered by banks to Foreign Portfolio Investors (FPIs). It addresses the confusion regarding whether these services fall under the category of services provided to &#39;account holders&#39; as per Section 13(8)(a) of the IGST Act. The circular explains that custodial services do not qualif<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/highlights?id=78880\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Clarification on IGST Act: Custodial Services to FPIs Not Classified as Services to Account Holders u\/s 13(8)(a.CircularsGSTThe circular provides clarification on the place of supply for custodial services offered by banks to Foreign Portfolio Investors (FPIs). It addresses the confusion regarding whether these services fall under the category of services provided to &#39;account holders&#39; as &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=69487\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Clarification on IGST Act: Custodial Services to FPIs Not Classified as Services to Account Holders u\/s 13(8)(a.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-69487","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=69487"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69487\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}