Airbus India liable to 18% GST on ‘intermediary services’ to overseas holding firm
Airbus India’s technical advisory and procurement services for its France-based holding company are ‘intermediary services’ and liable to 18 per cent GST, Authority for Advance Ruling has said.
Airbus Group India had approached the Karnataka bench of the AAR, seeking a ruling on whether the services rendered by it to its holding company Airbus Invest SAS, France, would qualify as ‘export of service’ under Goods and Services Tax (GST) law and hence construed as a ‘zero-rated supply’.
