Big News: Finance Act 2026 Removes GST Intermediary Clause - SAG Infotech Official Tax Blog

Global Capability Centres (GCCs) and service exporters, the Finance Act 2026 provides relief for the IT companies by eliminating the intermediary clause under the Integrated Goods and Services Tax Act (IGST Act) , solving a tax issue that impacted export benefits for service providers. Under the earlier norms, many service providers were categorized as “intermediaries”, which specifies that the “p…