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A2ZTaxCorp’s Weekly GST Communique dated October 26, 2020

Important Judgments, Rulings of the week
• Dream11’s ‘online fantasy games’ is a game of skill and not ‘betting’
• Division Bench of Madras HC disallowed Cess transition into GST
• Tamil Nadu AAR: Agreeing to grant easement rights even to original owner is service and attracts 18% GST
• AAR: Liaison offices of foreign entities liable to pay GST

Important Notifications of the week
• Notification issued w.r.t. exemption of duties of Customs against scrips issued under the RoSL scheme for apparel and made-ups sectors
• Appointment of Commissioners for Customs Authority for Advance Rulings at Delhi & Mumbai

Important Press Releases of the week
• Due Dates for filling GSTR 9 and GSTR 9C for 2018-19 now extended to December 31, 2020
• Govt borrows & transfers Rs. 6,000 cr as first tranche to 16 States on account of GST compensation under Special Borrowing Window
• IFSCA prescribes regulatory framework for REITs and InvITs in IFSC

Important Update of the week
• Withdrawal of EVC facility extended to companies for filing GSTR-1 and GSTR-3B

Source: a2ztaxcorp.com

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