MNC arms pay Rs 1,800-cr GST for services from kin abroad

The Indian subsidiaries of as many as 80-90 multinational corporations (MNCs) have together paid around Rs 1,600 crore as Goods and Services Tax (GST) on serviced availed from offshore related companies, an official aware of the matter told FE. The taxes paid by the MNCs in the last few months are for the transactions made between FY18 – FY22. “(The Directorate General of GST Intellige…