Summary: CBIC issued Circular No. 230/24/2024-GST on September 10, 2024 to address ambiguities related to the GST treatment of cross-border advertising services, particularly under the P2P ...
The CBIC has clarified that automobile dealers can claim input tax credit (ITC) on demo cars used for promoting sales, but not if used for personal purposes. Learn more about the latest GST rule.