CIRCULARS

Circular No. Subject
Circular No. 213/07/2024-GST dt.26.06.2024 Seeking clarity on taxability of re-imbursement of securities/shares as SOP/ESPP/RSU provided by a company to its employees.
Circular No. 119/38/2019-GST dt.11.10.2019 Clarification regarding taxability of supply of securities under Securities Lending Scheme, 1997
Circular No. 93/12/2019-GST dt.08.03.2019 Nature of Supply of Priority Sector Lending Certificates (PSLC)
Circular No. 34/08/2018-GST dt.01.03.2018 Clarifications regarding GST in respect of certain services like  activity of bus body building, retreading of tyres, Priority Sector Lending Certificates, activities of DISCOMS against recovery of charges, guarantee provided by State Government

COMMUNITY INSIGHTS

Topic

Publish Date

GST Implications on Initial Public Offerings (IPOs) and Offers for Sale (OFS) in India

The introduction of the Goods and Services Tax (GST) in India in July 2017 marked a monumental shift in the country's indirect tax regime, aiming for a unified and simplified taxation system. While the primary objective was to streamline the taxation of goods and services, its application to the capital markets, particularly Initial Public Offerings (IPOs) and Offers for Sale (OFS), has given rise to intricate interpretations and compliance challenges............ Read More

 07.07.2025