Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
The CCST issued a comprehensive circular clarifying multiple GST-related matters based on the 55th GST Council meeting recommendations. Key clarifications include: (1) pepper of genus Piper attracts 5% GST, with agriculturists supplying dried pepper exempt from registration; (2) agriculturists supplying raisins are GST-exempt; (3) ready-to-eat popcorn has differentiated GST rates (5-18%) based on ingredients and packaging; (4) autoclaved aerated concrete blocks with over 50% fly ash content attract 12% GST; and (5) amendments to motor vehicle compensation cess apply from 26.07.2023. The circular aims to provide uniformity and clarity in GST implementation across jurisdictions.
The CCST issued a comprehensive circular clarifying multiple GST-related matters based on the 55th GST Council meeting recommendations. Key clarifications include: (1) pepper of genus Piper attracts 5% GST, with agriculturists supplying dried pepper exempt from registration; (2) agriculturists supplying raisins are GST-exempt; (3) ready-to-eat popcorn has differentiated GST rates (5-18%) based on ingredients and packaging; (4) autoclaved aerated concrete blocks with over 50% fly ash content attract 12% GST; and (5) amendments to motor vehicle compensation cess apply from 26.07.2023. The circular aims to provide uniformity and clarity in GST implementation across jurisdictions.
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