The GSTimes_the monthly Indirect Tax Newsletter - July 2019

BDO in India presents The GSTimes our monthly newsletter on the world of indirect taxes. The GSTimes aims to cover the impact, GST has had on various industries, whilst also touching upon recent developments from around the globe. Each issue of the newsletter focuses on one sector and features an eminent face to explain, how the adoption and adaptation of GST, has impacted their daily business activities. It further provides answers to various sector specific issues that are frequently raised amongst professionals.

Sector in Focus for this issue of the GSTimes is – IT and ITes

The Indian IT / ITeS industry has made one of the great success stories in modern India, putting the country on the global map as a leader in this space. Over the years, this industry has fueled economic growth and has attracted significant investments from several countries. A major concern of the industry has been with respect to the ‘Sunset Clause’ of the SEZ legislation. The absence of an amendment to this effect in Union Budget 2019 has put forth a challenge for the IT / ITeS industry, which has sought significant benefit from this clause, over the years.

We hope you have a good read.