ISD V/s Cross charge under GST

Topics covered :
Key distinctions between ISD and Cross Charge.

Impact of GST Circular No. 199.

Effect of changes proposed by Finance Act 2024, effective from 1st April 2025.

Practical insights and guidance on issues involved.

Time Codes:

00:00 Introduction
04:07 Nuances of Circular number 199
17:11 what are the parameters that were set in the circular 199 and how did it set apart ISD and Cross charge & what were in virtues of things which were taken into consideration in this circular.
22:54 Moving on to Finance Act 1 of Feb 2024 which is going to be effective from 1st April 2025, what is that, that is becoming mandatory in the given scenario of change after knowing the change coming from 1st April 2025, how people are affected, and what is the process that people should follow?
26:17 Disclaimer
27:30 Treatment of RCM in such cases
32:30 Closing note & Gratitude

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