While management fees charged to a VC/PE fund located in an offshore jurisdiction are exempt from GST, the management fees charged to an onshore fund located in India attracts 18 percent GST.
Source: a2ztaxcorp.com
While management fees charged to a VC/PE fund located in an offshore jurisdiction are exempt from GST, the management fees charged to an onshore fund located in India attracts 18 percent GST.
Source: a2ztaxcorp.com
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