Important Keywords: Circular No. 242/36/2024 - GST, GST Place of Supply, online service POS, unregistered buyer GST, rule 46(f) CGST, GST OTT platform, GSTR-1 online services, Words: 2644; Read time: 14 minute. Circular No. 242/36/2024 - GST: Clarification on place of...

Circular 241/2024-GST clarifies ITC availability under Ex-Works contracts. Know how GST treats OEM-dealer supply under Section 16(2)(b).

CBIC clarifies ITC availability for ECOs on Section 9(5) services in Circular 240/34/2024-GST. Learn the rules and compliance steps to stay GST-ready with Finodha.

CBIC clarifies Section 16(5) & 16(6) of CGST Act under Circular No. 237/31/2024-GST. Learn ITC eligibility, rectification timelines, and compliance via Finodha.

CBIC Circular No. 236/30/2024 clarifies GST regularization “as is” or “where is” for disputed rates. Learn more via FAQs from Finodha…

Clarification on GST rates for snack foods, railway AC units, and vehicle seats. Read Circular No. 235/29/2024-GST insights. Updated rules, FAQs & expert help.

Circular No. 234/28/2024 – GST clarifies GST on hostels, railways, CSR, and community kitchens. Know GST impact on key services. FAQs by Finodha.

Instruction No.  05/2025 ‑ GST mandates timely submission of records during audits. Learn how to comply with CBIC norms & streamline audit readiness with Finodha

Instruction No. 04/2025-GST, GST registration grievance redressal, CBIC registration appeal, GSTREG-01 complaint, GST officer complaint process, Finodha GST..

CBIC Instruction No. 03/2025-GST outlines the dos and don’ts of GST registration processing. Understand document norms, verification, and compliance. Read FAQs.

Business Continuity Planning (BCP) is like a safety net for businesses, ready to cushion the impact when the unexpected hits. It’s more than just disaster management—it’s a strategic contingency plan ensuring the safety of a company’s assets, processes, and resources against unforeseen disruptions.

The changes relating to GST rate, in pursuance of recommendations made by the GST Council in its 47th meeting, are coming into effect from the 18th of July, 2022. One such change is moving from imposition of GST on specified goods when bearing a registered brand or brand in respect of which an actionable claim or enforceable right in a court of law is available to imposition of GST on such goods when “pre-packaged and labelled”. Certain representations have been received seeking clarification on the scope of this change, particularly in respect of food items like pulses, flour, cereals, etc. (specified items falling under the Chapters 1 to 21 of the Tariff), as has been notified vide notification No. 6/2022-Central Tax (Rate), dated the 13th of July, 2022, and the corresponding notifications for SGST and IGST.

Under GST, a trader would be entitled to avail input tax credit paid on their domestic procurements of goods and services unlike the present indirect tax regime. Presently, a significant portion of indirect taxes namely Central Excise and Service Tax form part of the cost component for a trader.

Explore Order No. 01/2022 – GST: Authorisation Under CGST Rules & its implications for taxpayers. Get informed and stay compliant with the latest updates.

Electronic Way Billi’s a document required for movement of goods and it includes details such as name of consignor, consignee, transporter, the point of origin of the movement of godsend its destination.Electronic Way Bill (e-way bill) is basically a compliance mechanism wherein by way of a digital interface the person causing the movement of goods uploads the relevant information prior to the commencement of movement of goods and generates e-way bill on the GST portal.

Explore Order No. 01/2020 – GST: Extension of FORM GST TRAN-1 & its implications for taxpayers. Get informed and stay compliant with the latest updates.

Explore Order No. 01/2020 – CT: Revocation of Cancellation of Reg. & its implications for taxpayers. Get informed and stay compliant with the latest updates.

As per Section 2(44) of the CGST Act, 2017, electronic Commerce means the supply of goods or services or both, including digital products over digital or electronic network.

In terms of Section 171 of the CGST Act, 2017, the suppliers of goods and services should pass on the benefit of any reduction in the rate of tax or the benefit of input tax credit to the recipients by way of commensurate reduction in prices. The wilful action of not passing on the above benefits to the recipients in the manner prescribed is known as “profiteering”.

Explore Order No. 01/2019 – GST: Extension of time limit for TRAN-1 & its implications for taxpayers. Get informed and stay compliant with the latest updates.