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A2ZTaxCorp’s Weekly GST Communique dated August 17, 2020

Important Ruling of the week
• AAR: Leasehold-right assignment by corporate debtor attracts GST at 18%

Important Notifications of the week
• India defers certificate requirement for rice export to European countries from Jan 01, 2021
• Government tightens import norms for certain chemicals and plastics
Important Press Releases of the week
• Measures to aid MSMEs will help improve the economy, says Gadkari
• Ministry of Defence: Indigenously built items included in negative list to ensure defence services do not go for procurement ex-import
• Nitin Gadkari calls upon Apparel Export Promotion Council for taking measures to target increasing exports by two times

Important Updates of the week
• CBIC released updated CGST Rules, 2017 upto July 30, 2020
• CBIC released updated Forms in Part B of CGST Rules, 2017 upto July 30, 2020

Videos of the week
• Problems of Taxpayers in GST || CA Bimal Jain
• Overview and Intricacies of RCM under GST || CA Bimal Jain
• Hand Holding for preparation of GSTR 9 & GSTR 9C with spillover effects of FY 2017-18 || CA Bimal Jain

Source: a2ztaxcorp.com

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