{"id":69735,"date":"2024-08-02T15:09:41","date_gmt":"2024-08-02T09:39:41","guid":{"rendered":""},"modified":"2024-08-02T15:09:41","modified_gmt":"2024-08-02T09:39:41","slug":"custodial-services-by-banks-fis-to-fpis-not-treated-as-services-to-39-account-holder-39-u-s-13-8-a-igst-act-determined-under-default-13-2","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=69735","title":{"rendered":"Custodial services by banks\/FIs to FPIs not treated as services to &#39;account holder&#39; u\/s 13(8)(a) IGST Act. Determined under default 13(2)."},"content":{"rendered":"<p>Custodial services by banks\/FIs to FPIs not treated as services to &#39;account holder&#39; u\/s 13(8)(a) IGST Act. Determined under default 13(2).<br \/>Circulars<br \/>GST &#8211; States<br \/>Clarification provided that custodial services provided by banks or financial institutions to Foreign Portfolio Investors (FPIs) are not treated as services provided to &#39;account holder&#39; u\/s 13(8)(a) of IGST Act. Such services are not covered u\/s 13(8)(a). Place of supply of custodial services to FPIs is to be determined under d<\/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=80051\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Custodial services by banks\/FIs to FPIs not treated as services to &#39;account holder&#39; u\/s 13(8)(a) IGST Act. Determined under default 13(2).CircularsGST &#8211; StatesClarification provided that custodial services provided by banks or financial institutions to Foreign Portfolio Investors (FPIs) are not treated as services provided to &#39;account holder&#39; u\/s 13(8)(a) of IGST Act. Such services are &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=69735\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Custodial services by banks\/FIs to FPIs not treated as services to &#39;account holder&#39; u\/s 13(8)(a) IGST Act. Determined under default 13(2).&#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-69735","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69735","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=69735"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69735\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}