IGST Not Leviable on Clinical Observation Studies Provided to Foreign Recipients: Karnataka High Court
The Karnataka High Court recently held that IGST (Integrated Goods and Services Tax) is not leviable on clinical observation studies conducted for foreign recipients, as such services qualify as export of services with the recipient located outside India. The Court emphasized that the impugned Notification No.04/2019 - Integrated Tax dated 30.09.2019 is clarificatory and retrospective in nature, clarifying tax liability on services provided by Indian pharmaceutical companies to foreign recipients.…
