The Central Board of Indirect Taxes and Customs (CBIC) has issued a few clarifications following some useful decisions taken at the 45th meeting of the GST Council.

       The CBIC says that a company incorporated in India and a body corporate incorporated by or under the laws of a country outside India (referred to as foreign company under Companies Act, 2013) are separate legal entities and so, these two separate persons would not be considered as ‘establishments of a distinct person’. Therefore, supply of services by a subsidiary/sister concern/group concern etc. of a foreign ...