A2Z TAXCORP LLP weekly GST Communique dated March 09, 2020

Important Judgements of the week
• SC dismisses SLP against HC order in Adfert case allowing to carry forward unutilized credit of pre-GST even though the appellant could not file/ revise TRAN-1
• HC: AAR has jurisdiction to determine ‘Place of Supply’ Important Advance Ruling
• No GST on ‘Mobilization Advance’ received in Pre-GST Era: Tamil Nadu AAR

Important Notification of the week
• CBIC Notifies amendment in CGST Rules, 2017 to prescribe the Valuation of Lottery w.e.f. Mar 01, 2020

Important Press Releases
• ₹ 1,05,366 crore gross GST revenue collected in February, 2020
• Provision for Quarterly Payment of GST by MSMEs
• Government amends Export Policy of APIs and formulations made from these APIs

Important Updates
• ICEGATE Portal has enabled New Tab “Novel Coronavirus Help Desk for EXIM Trade”
• Due dates of filing Form GSTR 3B, for the month of February, 2020
• Compliance Calendar for the month of March 2020

Video of The Week
• No Reversal of ITC Towards Notice Issued u/s 16(4) of the CGST Act || CA Bimal Jain


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