Can I read GST Clarifications on Penal Charges on EtoBox?
GST Clarifications on Penal Charges by DHRUV GUPTA is a document available to read on EtoBox.
What is GST Clarifications on Penal Charges about?
Circular No. 245/02/2025-GST provides clarifications on the applicability of GST on various services, including penal charges levied by Regulated Entities, which are exempt from GST as they are considered charges for breach of contract. It also clarifies that Payment Aggregators are eligible for GST exemption under specific conditions and regularizes GST payment for research and development services and skilling services provided by approved Training Partners. Additionally, it addresses the applicability of
- Author
- DHRUV GUPTA
- Language
- EN