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Clarifications on GST Applicability and Exemptions for Various Services by CBIC Circular 228/22/2024-GST

  • CBIC issued clarifications on GST applicability on certain services
  • Clarifications issued on GST exemption for Ministry of Railways’ outward supplies
  • Clarifications on GST applicability for transactions between Special Purpose Vehicles and Ministry of Railways
  • Clarifications on GST applicability for statutory collections by Real Estate Regulatory Authority
  • Clarifications on GST applicability for incentive amounts in digital payment ecosystem
  • Clarifications on GST liability for reinsurance of specified insurance schemes
  • Clarifications on GST liability for retrocession services
  • Clarifications on GST liability for certain accommodation services

Source: a2ztaxcorp.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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