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Notification No. 15/2018-Central Tax (Rate) ,dt. 26-07-2018 – Seeks to amend notification No. 13/2017- Central Tax (Rate) so as to specify services supplied by individual Direct Selling Agents (DSAs) to banks/ non-banking financial company (NBFCs) to be taxed under Reverse Charge Mechanism (RCM)

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No GST on free bank services. GST on Mutual funds exit loads. (Source – FAQs on Banking, Insurance and Stock broker sectors)

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