CIRCULARS

Circular No. Subject
Circular No. 245/02/2025-GST dated 28.01.2025 [Para 3] Clarifications regarding applicability of GST on certain services.

COMMUNITY INSIGHTS

Topic

Publish Date

Banking Sector- GST Implications

The Banking Sector including NBFC plays an important role in economic development of the country. The Goods and Services Tax (GST) has specific implications for the banking and financial services sector. In this article we will discuss the GST provisions which are applicable for banking sectors, exemptions available for certain services provided by banks, RCM & Place supply provisions applicable on banking services. .................... Read More

15.03.2025