Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
The Delhi State Tax Commissioner issued Circular No. 22/2024 adopting CBIC Circular No. 228/22/2024 regarding GST applicability clarifications. The circular addresses eight key areas: exempting specific Railway services to general public and inter-zone transactions with retrospective regularization from October 2023; exempting SPV-Railway infrastructure transactions with regularization from July 2017; clarifying RERA statutory collections are exempt under existing notifications; confirming digital payment incentives shared per NPCI guidelines remain non-taxable subsidies; regularizing reinsurance GST liability for exempt insurance schemes from July 2017 to January 2018; regularizing government-premium insurance reinsurance from July 2017 to July 2018; clarifying reinsurance includes retrocession services; and exempting accommodation services under 20,000 monthly for minimum 90-day periods with retrospective regularization from July 2017. All regularizations apply on "as is where is" basis.
The Delhi State Tax Commissioner issued Circular No. 22/2024 adopting CBIC Circular No. 228/22/2024 regarding GST applicability clarifications. The circular addresses eight key areas: exempting specific Railway services to general public and inter-zone transactions with retrospective regularization from October 2023; exempting SPV-Railway infrastructure transactions with regularization from July 2017; clarifying RERA statutory collections are exempt under existing notifications; confirming digital payment incentives shared per NPCI guidelines remain non-taxable subsidies; regularizing reinsurance GST liability for exempt insurance schemes from July 2017 to January 2018; regularizing government-premium insurance reinsurance from July 2017 to July 2018; clarifying reinsurance includes retrocession services; and exempting accommodation services under 20,000 monthly for minimum 90-day periods with retrospective regularization from July 2017. All regularizations apply on "as is where is" basis.
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