Circular No 250/07/2025- Review Revision and Appeal Authorities for CAA orders GST Circular No 250/07/2025 issued for Review Revision and Appeal Authorities for CAA orders on DGGI show cause notices.The circular clarifies the procedure related to review, revision, and appeals for Orders-in-Original (O-I-Os) passed by Common Adjudicating Authorities, who are designated under Notification No. 02/2017 … Read more
Circular No 249/06/2025- DIN is not required for GST Portal Communications Circular No. 249/06/2025 states that DIN is not required for GST portal communication having a reference number. Circular No.122/41/2019-GST and Circular No 128/47/2019-GST mandated quoting of the Document Identification Number (DIN) on communications issued by CBIC to ensure accountability and transparency. This includes all … Read more
Circular No 248/05/2025 The Government has issued Circular No 248/05/2025 for Various issues related to the availment of benefit of Section 128A of the CGST Act. The circular mainly consist of two questions : Issue 1: Whether the cases where tax has been paid through return in FORM GSTR-3B instead of through FORM GST DRC-03, … Read more
Certain Clarification regarding GST Rates and Classification of Goods GST Circular No 247/04/2025 has been issued for Certain Clarification regarding GST Rates and Classification of Goods. This clarification has been issued based on recommendation of the 55th GST Council Meeting held on 21-12-2024 at jaisalmer. Key Points of Clarification 1. GST Rate on Pepper of genus … Read more
Clarification on Late fee for Delay in filing Form GSTR-9C Government has issued Clarification on Late fee for Delay in filing Form GSTR-9C . Many Taxpayers have asked whether they need to pay late fee if they file the reconciliation statement in Form GSTR-9C after the due date of annual return (GSTR-9). To clarify the … Read more
Certain Clarification on applicability of GST on certain services 1. GST Not applicable on Penal Charges levied by Banks and NBFCs. As per the 55th GST Council ‘s recommendation, no GST is payable on penal charges imposed by banks and NBFCs for loan non compliance under RBI’s 18-08-2023 guidelines. 2. GST Exemption for Payment Aggregator … Read more
Regularization of GST on Co-Insurance Premium Apportionment and Reinsurance Commission CBIC has issued the circular for Regularization of GST on Co-Insurance Premium Apportionment and Reinsurance Commission.The clarification issued based on the 53rd GST Council meeting held on 22-06-2024 provides guidance on the tax treatment on certain insurance related transactions that have been retrospectively added in … Read more
Clarification on Place of Supply for Online Service GST Circular No 242/36/2024 has been issued for Clarification on Place of Supply for Online Service.This point was proposed in 55th GST Council Meeting. The proposal states when online service supplying to unregistered person the supplier must mention the customer’s state on the invoice to resolve confusion … Read more
Clarification on ITC availability on Goods delivered under Ex-Works Contract GST Clarification has been issued on Clarification on ITC availability on Goods delivered under Ex-Works Contract.In the GST Council it has been proposed that to clarify the buyer is eligible to claim the Input Tax Credit on goods under Ex-Works Contract, provided all the condition … Read more
Clarification on ITC availed by E-commerce Operator for services u/s 9(5). GST Circular has been issued on ITC availed by E-commerce Operator for services u/s 9(5). This point has been proposed in 55th GST Council Meeting held on 21-12-2024. Proposed Clarification in GST Council Meeting: The GST Council has proposed clarification stating that E-commerce Operator … Read more