LatestGoods & Service Tax (GST) 7 October 2026
Nasscom Flags Two GST Issues
Nasscom has identified two key GST concerns affecting services exports ahead of the GST Council meeting on October 8. The issues involve the classification of export services under GST and the treatment of input tax credits, both of which could affect the competitiveness and compliance burden for Indian service providers.
- Export classification – Unclear categorisation may lead to higher tax liabilities.
- Input tax credit – Ambiguities in credit recovery could hurt cash flow.
Nasscom urges the GST Council to resolve these matters before its Oct 8 meeting to protect India’s services export sector. Read full article
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