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CBIC Issues Clarifications on GST Treatment of Vouchers

Last updated: 02 January 2025


The Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 243/37/2024-GST, dated December 31, 2024, to provide clarity on several issues related to the Goods and Services Tax (GST) treatment of vouchers. This circular aims to resolve ambiguities surrounding the classification, t

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