{"id":71165,"date":"2025-03-20T18:37:16","date_gmt":"2025-03-20T13:07:16","guid":{"rendered":""},"modified":"2025-03-20T18:37:16","modified_gmt":"2025-03-20T13:07:16","slug":"goa-adopts-finance-ministry-39-s-circular-245-clarifying-gst-exemptions-for-loan-penalties-and-payment-aggregators","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=71165","title":{"rendered":"Goa adopts Finance Ministry&#39;s Circular 245 clarifying GST exemptions for loan penalties and payment aggregators"},"content":{"rendered":"<p>Goa adopts Finance Ministry&#39;s Circular 245 clarifying GST exemptions for loan penalties and payment aggregators<br \/>Circulars<br \/>GST &#8211; States<br \/>The Goa Commissioner of State Taxes has adopted Circular No. 245\/02\/2025-GST issued by the Ministry of Finance for uniform implementation under the Goa GST Act. The circular provides several key clarifications: penal charges levied by regulated entities for loan contract non-compliance are exempt from GST; RBI-regulated Payment Aggregators qualify for GS<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/highlights?id=86688\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Goa adopts Finance Ministry&#8217;s Circular 245 clarifying GST exemptions for loan penalties and payment aggregatorsCircularsGST &#8211; StatesThe Goa Commissioner of State Taxes has adopted Circular No. 245\/02\/2025-GST issued by the Ministry of Finance for uniform <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-71165","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/71165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71165"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/71165\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}