Raksha Parikh
GST Notification No 04/2026-CT The Central Government has amended Notification No. 13/2020-Central Tax dated 21.03.2020, issued under Rule 48(4) of the CGST Rules, 2017, to expand the scope of e-invoicing.The amendment shall come into force from 01.01.2027. Under the amended notification, e-invoicing shall cover the following transactions: Supply of goods or services or both to … Read more
GST Notification No 03/2026- Central Tax The Central Government has notified 01.11.2026 as the effective date for implementation of Sections 153 to 155 of the Finance Act, 2026. The key amendments are as follows: Section 153 & 154 of Finance Act 2026 – Post-Supply Discounts [Sections 15(3)(b) and 34(1)] With effect from 01.11.2026, the requirement … Read more
Circular No 264/10/2026 The Central Board of Indirect Taxes and Customs (CBIC) has issued an important clarification regarding the retrospective applicability of the omission of Rule 96(10) of the CGST Rules, 2017, in view of various court judgments and doubts raised by taxpayers and GST authorities. Rule 96(10) was introduced with effect from 23.10.2017 to … Read more
GST Circular No 263/09/2026 The Central Board of Indirect Taxes and Customs (CBIC) has issued an important Circular clarifying the acceptable modes of receiving export payments for goods and services, including payments through INR accounts, adjustment of export receivables against import payables, and realisation of export proceeds for GST refund purposes. The Circular has been … Read more
Circular No 262/08/2026 : GST ITC Clarification on Demo Vehicles Purchased by Authorised Dealers The Central Board of Indirect Taxes and Customs (CBIC) has issued an important clarification regarding the eligibility of ITC on demo vehicles purchased by authorised dealers or agents of motor vehicle manufacturers.The Circular provides relief to authorised dealers operating under the … Read more
Circular No 261/07/2026 The CBIC has issued Circular No 261/07/2026 relating to the Clarification on the procedure for claiming and reversing Input Tax Credit (ITC) by Banks, Financial Institutions & NBFCs. The Central Board of Indirect Taxes and Customs (CBIC) has issued this Circular to clarify certain issues relating to the applicability of Section 17(4) … Read more
Circular No 260/06/2026 : Clarification for issue relating to Input Service Distributor CBIC has issued Circular No 260/06/2026 : Clarification for issue relating to Input Service Distributor. S No Issue Clarification 1 Whether ISD registration is required for each business vertical/ place of business within the same State/UT? a) ISD has been defined under section … Read more
Circular No 259/05/2026 : GST Appeal Pre-Deposit, Refund Entitlement and Interest Calculation The Central Board of Indirect Taxes and Customs (CBIC) has issued important clarifications regarding the pre-deposit required for filing GST appeals before the First Appellate Authority and the GST Appellate Tribunal (GSTAT). Various representations were received from trade and industry due to different … Read more
Circular No 258/04/2026 : Clarification on Demand Adjudication and Appeal Proceedings The Central Board of Indirect Taxes and Customs (CBIC) has issued comprehensive guidelines under Section 168(1) of the CGST Act, 2017, to ensure fairness, transparency and consistency in GST demand, adjudication and appeal proceedings. The Circular addresses concerns about vague Show Cause Notices (SCNs), … Read more
Comprehensive Guidelines for GST Registration – Circular No 257/03/2026 The Central Board of Indirect Taxes and Customs (CBIC), through Circular No. 257/03/2026-GST dated 26.10.2026, has issued detailed guidelines under Section 168(1) of the CGST Act, 2017, to make the GST registration process simpler, faster, more transparent and uniform across India. The Circular provides clarity on … Read more