Notification No. 42/2017
Date: October 27, 2017
Subject: Exemption of IGST on supply of services to Nepal and Bhutan against payment in Indian Rupees.
Description:
This notification amends Notification No. 9/2017–Integrated Tax (Rate) by inserting a new exemption entry for services having place of supply in Nepal or Bhutan where consideration is received in Indian Rupees. The exemption facilitates cross-border service trade with neighbouring countries and removes tax burden on such transactions.
Issued for earlier notification?
Yes — it amends Notification No. 9/2017–Integrated Tax (Rate).