Subject
Clarifications regarding applicability of GST on certain services
Content
Based on the recommendations of the GST Council in its 55th meeting held on 21stDecember 2024, at Jaisalmer, and in exercise of the powers conferred under section 168(1) of the Central Goods and Services Tax Act, 2017, clarifications on various issues are being issued through this Circular, as under: 2. Applicability of GST on penal charges being levied by the Regulated Entities (REs) in view of R…