alleryStart learning →Banking and stock broking services have place of supply at the recipient's location on the
Arecords of the Reserve Bank
Brecords of the supplier
Ctax return of the recipient
Dbranch where the broker sits
Answer & Solution
Correct answer: B. records of the supplier
Section 12(12) uses the recipient's location on the supplier's records, falling back on the supplier's location.
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