Clarification on various issues pertaining to GST

Circular No.ES/56/2022-23                                                           8^th July, 2022       

To: Members of the Council          

Sub: Clarification on various issues pertaining to GST 

Dear Member,        

CBIC has issued Circular No. 172/04/2022-GST dated 6^th July, 2022 by providing clarity on the following aspects:  

1. Non applicability of section 17 for ITC availed as recipient of Deemed exports, 
2. Interpretation of section 17(5) explanation, 
3. Reiterating the earlier clarification that perquisites provided in the course of employment to employees is outside the preview of GST, 
4. Defining in what circumstances ITC in Electronic credit ledger can be availed for payment of Tax and in what cases it cannot be utilised. 

For detailed information, members may kindly refer to Circular No. 172/04/2022-GST.

Members may kindly make a note of the above.  

Thanking you,                        

Yours faithfully,                       

S. BALARAJU     

EXECUTIVE DIRECTOR