Snapshot of 52nd GST Council recommendation – Details of Notification & Circulars Issued

We present the 52nd GST Council’s Snapshot, which includes recent indirect tax developments through Notifications and Circulars.
The key aspects of the update include taxability of Personal and Corporate Guarantees, Place of Supply Clarifications for Transportation, Advertising, and Co-Location Services, Export of Services Realization in INR Clarified, GST Applicability Clarifications on Various Services, clarification regarding GST rate on imitation zari thread or yarn based, Key Amendments in Central Goods and Services Tax Rules, 2023, Amendments in Central Tax (Rate) Notifications, and Amendments in Integrated Tax (Rate) Notifications.