CBIC Clarifies ITC Eligibility for Goods Delivered Under Ex-Works Contracts

The Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 241/35/2024-GST dated December 31, 2024, addressing input tax credit (ITC) eligibility under clause (b) of sub-section (2) of Section 16 of the Central Goods and Services Tax (CGST) Act, 2017. The clarification pertains t

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Attached File : 671907_24323_circular_no_241_2024.pdf

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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