GST Circulars 240 to 243 | Vouchers | Works Contract|Place of Supply| ITC Reversal by ECO| 55th GST

The CBIC has issued Circulars dated 31.12.2024, clarifying on various issues as discussed in the 55th GST Council Meet held on 21st December 2024.The Circulars issued relates to
A. Taxability Issues pertaining to Gift Vouchers (Circular No. 243/37/2024-GST)
B. Place of Supply for Supply of Online Services to Unregistered Recipients (Circular No. 242/36/2024-GST)
C. Availability of Input Tax Credit u/s 16(2)(b) in respect of goods which have been delivered by the supplier at his (supplier’s) place of business (Circular No. 241/35/2024-GST)
D. Reversal of Input Tax Credit by Electronic Commerce Operators (ECOs) in respect of supplies made under section 9(5) (Circular No. 240/34/2024-GST)
Overview of CBIC Circulars 240-243
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