Circular no. 214/8/2024-GST dated 26.06.2024

The Central Board of Indirect Taxes and Customs (CBIC) issued a Circular No. 214/8/2024-GST dated 26.06.2024 providing Clarification on the requirement of reversal of input tax credit in respect of the portion of the premium for life insurance policies which is not included in taxable value

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