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CBIC Circular on New GSTR Form and Promotional Offers

The Central Board of Indirect Taxes and Customs (CBIC) have announced uncomplicated Goods and Services Tax return GSTR form. They further issued an explanation regarding the tax applicability on promotional schemes like “Buy One, Get One Free.” Thus aims at providing relief to the businesses from tax litigation for easier compliance. One clarification consists of … Read moreCBIC Circular on New GSTR Form and Promotional Offers