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16 GST Circulars published dated June 26, 2024

Time of supply in respect of supply of allotment of Spectrum to Telecom companies in cases where an option is given to the Telecom Companies for payment of licence fee and Spectrum usage charges in instalments in addition to an option of upfront payment [Circular No. 222]

Time of supply on Annuity Payments under HAM Projects [Circular No. 221]

Clarification on place of supply applicable for custodial services provided by banks to Foreign Portfolio Investors [Circular No. 220]

Clarification on availability of input tax credit on ducts and manholes used in network of optical fiber cables (OFCs) in terms of section 17(5) of the CGST Act, 2017 [Circular No. 219]

Clarification regarding taxability of the transaction of providing loan by an overseas affiliate to its Indian affiliate or by a person to a related person [Circular No. 218]

Entitlement of ITC by the insurance companies on the expenses incurred for repair of motor vehicles in case of reimbursement mode of insurance claim settlement [Circular No. 217]

Clarification in respect of GST liability and input tax credit (ITC) availability in cases involving Warranty/ Extended Warranty, in furtherance to Circular No. 195/07/2023-GST dated 17.07.2023 [Circular No. 216]

Clarification on taxability of wreck and salvage values in motor insurance claims [Circular No. 215]

Clarification on the requirement of reversal of input tax credit in respect of the portion of the premium for life insurance policies which is not included in taxable value [Circular No. 214]

Seeking clarity on taxability of re-imbursement of securities/shares as SOP/ESPP/RSU provided by a company to its employees [Circular No. 213]

Clarification on mechanism for providing evidence of compliance of conditions of Section 15(3)(b)(ii) of the CGST Act, 2017 by the suppliers [Circular No. 212]

Clarification on time limit under Section 16(4) of CGST Act, 2017 in respect of RCM supplies received from unregistered persons [Circular No. 211]

Clarification on valuation of supply of import of services by a related person where recipient is eligible to full input tax credit [Circular No. 210]

Clarification on the provisions of clause (ca) of Section 10(1) of the Integrated Goods and Service Tax Act, 2017 relating to place of supply [Circular No. 209]

Clarifications on various issues pertaining to special procedure for the manufacturers of the specified commodities [Circular No. 208]

Reduction of Government Litigation – fixing monetary limits for filing appeals or applications by the Department before GSTAT, High Courts and Supreme Court [Circular No. 207]

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