Stay updated
Author Mr. Suresh Aggarwal has presented the Summary of the Circular No. 208/2/2024 – GST dated 26.06.2024.
A revised special procedure for manufacturers of certain goods such as Pan masala & Other Tobacco products for reporting of machinery have been notified vide Notification No. 04/2024- Central Tax dated 05.01.2024.
Share this content:
Suppliers giving post-sale discounts through credit notes under GST will have to ensure that the client gives an undertaking or a CA certificate stating that the ITC availed on the discount value has been reversed, the CBIC has said.
In what could be a breather for the taxpayers, especially the industry, on the issues related to tax disputes, sources told CNBC-TV18 that the GST Council is likely to reduce the amount of pre-deposit to enter the appeals stage.
CBIC issued Notification no. 16/2025-Central Tax (Rate) dated 17.09.2025 that Seeks to amend Notification No 12/2017-Central Tax (Rate dated 28th June, 2017 to implement the recommendations of the 56th GST Council.