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GST Rate Regularization: CBIC Clarifies ‘As Is, Where Is Basis
CBIC clarifies 'as is, where is basis' for GST rate regularisation, offering relief to taxpayers while ensuring fairness in compliance.
Oct 19, 20243 min read
GST Circular 2024: Key Clarifications on Service Taxation
CBIC clarifies GST on services like education, transport, utilities; streamlines compliance, reduces ambiguities, and regularises payments.
Oct 18, 20244 min read
GST Circular: Clarification on Place of Supply for Data Hosting Services
Clarifications on place of supply for data hosting services provided to foreign cloud providers, impacting GST compliance and export status.
Sep 14, 20243 min read
CBIC Clarifies Taxability and Valuation of Corporate Guarantees Between Related Parties
CBIC's latest circular details GST implications for corporate guarantees, ensuring clarity on tax valuations and ITC eligibility.
Jul 15, 20244 min read
CBIC Clarifies GST Applicability on Loans Between Related Entities
CBIC’s new circular exempts GST on loans made only with interest or discount, streamlining compliance.
Jul 3, 20242 min read
Clarification on Place of Supply Provisions for Unregistered Persons under IGST Act, 2017
Explore CBIC's latest guidelines on IGST for unregistered persons, ensuring clear tax compliance across varied transaction scenarios.
Jul 3, 20242 min read
CBIC Invites Stakeholders’ Feedback on the Draft Central Excise Bill 2024
Explore how CBIC’s draft bill redefines excise duties, aiming for a streamlined system and modern compliance. Feedback deadline: 26.06.2024
Jun 8, 20246 min read
CBIC Guidelines for Dealing with Input Tax Credit Discrepancies
The Central Board of Indirect Taxes and Customs ( ‘CBIC’ ) has recently issued a significant circular numbered 193/05/2023-GST on July...
Jul 28, 20232 min read