🇮🇳 India
2d ago
‘Pigmy agents not intermediaries’, Karnataka Hight Court quashes GST notices
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Bengaluru: The pigmy agents employed by Regional Rural Banks are not intermediaries appointed under the Reserve Bank of India-sanctioned model and hence cannot be called business facilitators, the High Court of Karnataka has ruled in a recent judgment.Justice M Nagaprasanna said this while setting aside the show cause notices issued to Karnataka Vikas Grameena Bank, Belagavi, for payment of tax on commission amounts paid to the pigmy agents in urban branches.The notice was issued alleging that t
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