‘Turning point’ for intermediaries? GST Council may grant export status, slash 18% levy

Beyond the financial relief, the amendment could help resolve long-pending show-cause notices amounting to Rs 3,357 crore, many of which have been issued to entities in export-heavy sectors. The upcoming 56th meeting of the Goods and Services Tax (GST) Council could bring significant relief to intermediaries such as brokers, agents, and digital platforms, with a proposal on the table to classify t…