IGST on Services Provided to Head Office abroad challenged in HC

Delhi High Court  has admitted petition challenging provisions of Section 7(5)(a) of the Integrated Goods and Services Tax Act, 2017 (IGST Act) to levy IGST on Banking Services provided by Branches of DBS Bank Limited India to its head office situated at Singapore as the place of supply of services is outside India. The petition is filed by DBS Bank Limited India Branches through Advocate Abhishek A Rastogi and Advocate Rashmi Deshpande from Khaitan & Co. Section 7(5)(a) says that Supply of goods or services or both- when the supplier is located in India and the place of supply is out...