https://www.taxtmi.com/circulars?id=70308 Clarifications were issued on the GST treatment of specified services, including Indian Railways services, RERA statutory collections, digital payment incentives, reinsurance of specified insurance schemes, retrocession services, and certain accommodation services. The circular exempts or regularises past-period GST for Railways and SPV transactions, clarifies that RERA statutory collections are covered by the governmental authority exemption, treats specified incentive sharing as subsidy and not taxable, regularises reinsurance liabilities on an 'as is where is' basis, and clarifies that accommodation services meeting the stated value and duration conditions are exempt. en-us Mon, 30 Sep 2024 00:00:00 +0530 Mon, 22 Jun 2026 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=70308 Clarifications were issued on the GST treatment of specified services, including Indian Railways services, RERA statutory collections, digital payment incentives, reinsurance of specified insurance schemes, retrocession services, and certain accommodation services. The circular exempts or regularises past-period GST for Railways and SPV transactions, clarifies that RERA statutory collections are covered by the governmental authority exemption, treats specified incentive sharing as subsidy and not taxable, regularises reinsurance liabilities on an 'as is where is' basis, and clarifies that accommodation services meeting the stated value and duration conditions are exempt. Circulars GST - States Mon, 30 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=70308