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A2ZTaxCorp’s weekly GST Communique dated July 20, 2020

Important Rulings of the Week
• Alcohol-based hand sanitizers to attract GST at the rate of 18 percent, says AAR
• Leasing services provided by Indian Railways for land development attracts 18% GST
• GST on maintenance is valid: AAR to south Mumbai society
• GST NAA finds Gaursons Realtech guilty of profiteering Rs 19.72 crore

Important Notifications, Circular, etc.
• CBIC issued instruction on removal of pendency of registration application filed during COVID period w.e.f. Aug 01, 2020
• CBIC extends the due date for furnishing Form GSTR-4 for the F.Y. 2019-20 till August 31, 2020
• CBIC amends the All Industry Rates of Duty Drawback effective from July 15, 2020
• Trade Notice issued by the Commissioner UT of Dadra & Nagar Haveli & Daman & Diu on Merger for Single State Code
• DGFT amends the Export Policy of Textile Raw Material for Masks and Coveralls
• DGFT amends the Import Policy and Policy Conditions of items under Chapter 84 of ITC (HS), 2017

Important Press Releases
• CBIC Tweet: MOF issued clarification on GST Rate on Hand Sanitizers @ 18%
• PIB issued statistics of India’s Foreign Trade for the month of June 2020
• PIB issued stats on India’s all time high record of export of Coir and Coir Products
• Govt. to help create conductive ecosystem for manufacture, export of electronic items, says Piyush Goyal
• Hon’ble FM reviews implementation of Aatma Nirbhar Bharat Package pertaining to Ministries of Finance & Corporate Affairs

Important Updates
• CBIC extends Turant Suvidha Kendra (TSKs) to all Customs Formations
• GSTN issued advisory on Interim measure for filing Revocation of Cancellation Order in appeal channel

Video of the Week
• No GST on Membership Fees and Admission Fees collected by Club from its Members || CA Bimal Jain

Source: a2ztaxcorp.com

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