Clarification regarding the scope of "as is/as is, where is basis" mentioned in the GST Circulars issued on the basis of recommendation of the GST Council in its meetings

Clarification regarding the scope of "as is/as is, where is basis" mentioned in the GST Circulars issued on the basis of recommendation of the GST Council in its meetings https://www.taxtmi.com/circulars?id=69339 The Circular defines "as is/as is, where is" regularization to mean that when competing GST entries or interpretational doubts led to different taxpayers paying different rates (including nil), payment at the lower rate or claiming exemption shall be accepted as full discharge of tax liability for the regularized period, with no refunds to those who paid the higher rate; however, where no tax was paid and the clarified applicable rate is higher, tax shall be recovered. en-us Tue, 29 Oct 2024 00:00:00 +0530 Wed, 11 Mar 2026 12:39:00 +0530 TaxTMI RSS Generator Clarification regarding the scope of "as is/as is, where is basis" mentioned in the GST Circulars issued on the basis of recommendation of the GST Council in its meetings https://www.taxtmi.com/circulars?id=69339 The Circular defines "as is/as is, where is" regularization to mean that when competing GST entries or interpretational doubts led to different taxpayers paying different rates (including nil), payment at the lower rate or claiming exemption shall be accepted as full discharge of tax liability for the regularized period, with no refunds to those who paid the higher rate; however, where no tax was paid and the clarified applicable rate is higher, tax shall be recovered. Circulars GST - States Tue, 29 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69339