Nearly 50 more offshore firms register for GST

In the recent months, around 40-50 more offshore entities have got themselves registered with the GST authorities, after an investigation revealed them not paying taxes on Online Information and Database Access or Retrieval (OIDAR) supplies, official sources said. The new registrations may lead to an increase in GST revenue to the tune of a few hundred crores, the sources said. OIDAR is a category…