UN, WB to enjoy tax exemptions

Govt to soon release list of such agencies

Select multilateral institutions such as the UN, World Bank, International Monetary Fund will continue to enjoy exemption from import duties under the upcoming goods and services tax (GST) regime by way of refunds but not all projects funded by them may enjoy the same facility. 

The government is expected to soon come out with a list of institutions and projects funded by these international agencies that will continue to be tax exempt under the GST. 

“All supplies to the WB, IMF and UN for their consumption will continue to be exempt. These institutions will receive a unique identification number,” an