CBIC has issued two detailed Circulars Nos. 163 and 164 dated 06.10.2021 clarifying various issues on taxability, GST rate, classification and exemptions on goods and services based on recent notifications / changes as per the recommendations of GST Council. Such clarifications would help the taxpayers, professionals and the tax officers in understanding and complying with the law.
Following is the Gist of Circular No. 163/20/2021-GST dated 06.10.2021 in relation to clarifications on levy of GST on supply of specified goods.
Source Taxguru
