An Overview of 16 circulars issued at one stroke under GST


An Overview of 16 circulars issued at one stroke under GST

Here is a short Overview of 16 Circulars issued by CBIC, Ministry of Finance:

Circular no 207-  Fixing monetary limits for filing appeals or applications by the Department before GSTAT, High Courts and Supreme Court

Circular no 208- Clarifications on various issues pertaining to special procedure for the manufacturers of the specified commodities.

Circular no 209- 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 210- Clarification on valuation of supply of import of services by a related person where recipient is eligible to full input tax credit.

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

Circular no 212-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 213-Seeking clarity on taxability of re-imbursement of securities/shares as SOP/ESPP/RSU provided by a company to its employees.

Circular no 214 -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 215- Clarification on taxability of wreck and salvage values in motor insurance claims.

Circular no 216-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 217-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 218- 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 219- 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 220- Clarification on place of supply applicable for custodial services provided by banks to Foreign Portfolio Investors

Circular no 221- Time of supply on Annuity Payments under HAM Projects

Circular no 222-Time of supply in respect of supply of allotment of Spectrum to Telecom companies

The Copy Of the Order as Under:

CBIC Circulars_26062024