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Clarifications issued by the Central Board of Indirect Tax & Customs (CBIC)

  • Clarification on applicability of GST on Liquidated Damages, Compensation and penalty arising out of breach of contract or other provisions of law (Circular no. 178/10/2022-GST dated 03.08.2022)
  • Clarification regarding applicable GST rates and exemptions on certain services (Circular no. 177/9/2022-TRU dated 03.08.2022)
  • Clarification regarding GST rates and classification of goods (Circular no. 179/11/2022-GST dated 03.08.2022)

Source BDO

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