Recent Judgements
• IGST on Ocean Freight is Ultra Vires & Unconstitutional – Gujarat HC
• Madras HC denies exemption benefit w.r.t. imports made prior to registration under Rules
• SC: Writ petitions filed before HC against seizure orders not maintainable
Important Advance Ruling of the Week
• AAR: No ITC for setting of MRO (immovable Property) facility
Notifications, Circulars, etc.
• CBIC Clarification w.r.t. exemption on import of gifts
• CBIC issues SOP to be followed by exporters; now exporters can submit grievance related to delay in refund
Important Press Release
• Now the GST Taxpayers can file their GSTR-3B Returns in a Staggered Manner
• Govt. amended GST, VAT and Excise Duty Acts in view of merger of the Dadra & Nagar Haveli and Daman & Diu
Important Updates
• GSTN has issued FAQs and User Manual for New Return Dashboard
• CBIC Chairman directs investigation into pending IGST refunds where NOCs have been issued
Video of the Week
• No Interest on Reversal of ITC || CA Bimal Jain
Source: a2ztaxcorp.com
