GST - CBIC issued Circular to clarify that incentives paid by MeitY to acquiring banks for promotion of RuPay Debit Cards and low value BHIM-UPI transactions are in the nature of subsidy and thus not taxable; GST on accommodation services supplied by Air Force Mess to its personnel is exempt if such messes qualify as services supplied by CG/ SG/ UT/ LA [Circular attached]

14-Jan-2023 13:06:51