<p><span>In October 2024, the Ministry of Finance, Government of India, issued Circular No. 236/30/2024-GST. This circular provides crucial clarifications regarding the scope of "as is" or "as is, where is basis" mentioned in previous GST Circulars. The purpose is to address prevailing doubts and ensure uniformity in the application of GST provisions.</span></p><p><span><strong>Key Highlights:</strong></span></p><ol start="1"><li><span><strong>Regularization on "As Is" Basis:</strong> Clarifies that regularization for the past period on an "as is" or "as is, where is basis" is done in cases where genuine doubts exist about applicable GST rates or classification, resulting in diverse interpretations and varying rates paid by taxpayers.</span></li><li><span><strong>Payment Acceptance:</strong> Payments made at a lower GST rate or under exemption claims are accepted as full discharge of tax liability. No refund is provided to those who paid at a higher rate.</span></li><li><span><strong>Illustrations Provided:</strong> Detailed examples are given to explain how tax positions taken by taxable persons are regularized.</span></li><li><span><strong>Implementation Guidance:</strong> Field formations are advised to follow the clarified scope and ensure consistent application.</span></li></ol><p><span>This circular aims to clear ambiguities and provide a standardized approach to handling GST payments and regularizations.</span> <a href="https://cms.plasament.com/storage/cir-cgst-236-2024.pdf">cir-cgst-236-2024</a><br> </p>