💥📍Important #GST updates of this week

📌 Claim for refund is valid if the levy imposed was unconstitutional, even if it is beyond the usual statutory time limit for refund applications

✔️ Gujarat High Court - H K Enterprise Vs Union of India & Ors

1/17 📌 Catering services provided to in-patients do not qualify as an integral part of healthcare services. GST applicable

✔️ West Bengal AAR - Bamapada Jana ., In re

2/17

💥📍Important #GST updates of this week:

📌 Mistaken claim of ITC under CGST and SGST instead of IGST: Court orders Revenue to to consider the rectification application and pass necessary orders

Kerala HC - Divya S.R. Vs Union of India

1/14 📌 Upfront premium paid by the applicant towards the services of leasing of the land for industrial purposes by SMPK Port is not exempted

West Bengal AAR - Anmol Industries Limited ., In re

2/14

💥📍Important #GST updates of this week

📌 Recovery proceedings arising out of differences in GSTR-1 and GSTR-3B cannot be effected without complying with Rule 88C

Madras HC – [Caterpillar India Pvt. Ltd. Vs Assistant Commissioner]

To Know More:

1/8a2ztaxcorp.com/no-recovery-to… 📌 Extension of time limit for application for revocation of cancellation of registration granted even when registration was cancelled after 31.3.2023

Madras HC – [GMR Enterprises Vs Commercial Tax Officer]

2/8

💥📍Important #GST updates of this week

📌 Pre-condition payment for GST First Appeals can be adjusted using unutilized ITC from the Electronic Credit Ledger

Madras HC – [Larsen & Toubro Limited Vs Joint Commissioner (ST)]

1/10 📌 Transfer of TDS from the pre-GST era to the post-GST era is allowed

Tamil Nadu HC - [Indiabulls Construction Limited Vs Assistant Commissioner (State Tax)]

2/10

💥🚨 Very Important Judgement giving support to genuine buyer to avail Input Tax Credit (ITC) based on his tax invoice issued by supplier.

Read Compete Judgement Below: ⬇️

#GST #GSTwithBimalJain #a2ztaxcorpllp #InputTaxCredit #GSTITC

1/7 2/7

📍💥Important Update: 2 Factor Authentication will be made mandatory from July 15, 2023 for all taxpayers with AATO above 100cr

#GST #GSTeWayBill #gstwithbimaljain #a2ztaxcorpllp #einvoice

Read the Complete Update below 👇🏻 To enhance the security of e-Way Bill/e-Invoice System, NIC is introducing 2-Factor Authentication for logging in to e-Way Bill/e-Invoice system. In addition to username and password, OTP will also be authenticated for login.

🚨 Rajasthan High Court landmark ruling:

‘Pizza’, ‘Sandwich’ is ‘Cooked Food’, 'not Bakery product'; Looks at subsequent legislation

Read More Below:

#VAT #food #Pizza #a2ztaxcorpllp #GSTwithBimalJain

1/10 Rajasthan HC holds sale of ‘pizza’ and ‘sandwiches’ to be ‘cooked foods’, eligible to exemption from payment of VAT in excess of 5% vide notification dated March 09, 2010;

2/10

💥📍Important #GST updates for this week:

Eligibility of input tax credit (ITC) for works contract services and materials used for the foundation and structural supports of machinery

[Colourband Dyestuff P Ltd ., In re]

1/5

#GSTwithBimalJain #a2ztaxcorpllp #GSTUpdates Issuing separate invoices for different tasks, despite being mentioned in a single contract agreement, cannot be considered a 'composite supply'

[PES Engineers Private Limited ., In re]

2/5

User Development Fee collected by International airport a ‘statutory-levy’, not liable to service tax

SC - Central GST Delhi vs. Delhi International Airport Ltd.

1/5 SC holds that no service tax is applicable on ‘User Development Fee’ (UDF) collected from domestic and international passengers departing from Delhi, Hyderabad and Mumbai international airports; At first blush, clarifies that

2/5

The Finance Bill 2023 was passed in the Lok Sabha without a discussion on Friday.

Finance Bill 2023 passed in Lok Sabha — check key amendments and highlights ⬇⬇

1/8 1⃣ Mutual Funds (MFs) having less than 35 percent AUM in domestic equity are to be taxed as short-term capital gains.

2⃣ Enhanced tax benefits to offshore banking units operating in GIFT City. Offshore banking units to get 100 percent deduction on income for 10 years.

2/8

GST relief for hotels, and restaurants soon? Govt to change GST structure?

Know Here ⬇⬇

1/5

#GST #GSTITC #GSTcredit #Restaurant #Hotel #GSTwithBimalJain #a2ztaxcorpllp Sources says:

➡️ Hotel and restaurant industry may soon get relief on GST
➡️ Finance Ministry is considering their demand to change current GST structure
➡️ GST on Hotels/Restaurants may be increased to 12% from 5% with ITC benefit

2/5

Bombay HC: Pre-arrest bail application ‘premature’ where only witness-summons were issued

Bombay HC rejects the pre-arrest bail application “premature” where Asst. Commissioner has only issued witness-summon to applicant for recording his statement and verify books of account; Finding the apprehension of Applicant that he will be arrested without following due process as “unfounded”, Court clarifies that at this stage, the Asst. Commissioner only suspects Applicant’s involvement in the Platinum Trading Company scam.

Orissa HC held that tax, interest, penalty, fine, and fees due need to be paid for the revocation of cancellation of GST Registration by the assessee.

1/5

#GST #GSTwithBimalJain #a2ztaxcorpllp #GSTregistration The learned counsel appearing for the Petitioner relied on the judgment of M/s. Durga Raman Patnaik v. Additional Commissioner of GST [W.P.(C) No.7728 of 2022 dated August 4, 2022],

2/5

Clarification issued by CBIC, aptly applicable in GST also, stating that "No service tax on declared service, “Agreeing to the obligation to refrain from an act, or to tolerate an act or a situation, or to do an act" u/s 66E of the Finance Act, 1994;
__________ Further, clarifies that same cannot take place unless there are two parties, one of which expressly or impliedly agrees to do or abstain from doing something and the other agrees to pay consideration to the first party for doing or abstaining from such an act;