Indenting agents of foreign companies may get partial relief on integrated goods and services tax (IGST).
Sources said that the finance ministry officials have assured the indenting agents — agents of foreign companies, who sell their products in India and overseas by charging a commission — that it will consider their demand for exempting them from IGST but only partly. IGST may not be levied on transactions, which are sold overseas.
Indenting agents in the metal industry have already approached Gujarat High Court against the IGST.
Now, those in textiles, handicrafts and home furnishing industry are planning to approach Chandigarh and Delhi high