GST Updates – Jan 20, 2022

• Availment, utilisation and refund eligibility of ITC on capital goods on rendering of zero-rated supplies
• ITC of GST restricted U/s. 17(5)(d) cannot be utilised
• No GST on Rent for locker provided in bus stand by Municipal Corporation
• Classification by taxpayers is correct or not becomes immaterial if classification proposed by Revenue is incorrect
• Advance ruling under GST cannot be given on facts related to Pre-GST period
• GST on marine engines pertaining to HS code 8407 and its spare parts
• In absence of proper details & substantiating documentary evidences advance ruling cannot be given
• E-Invoice & E-Way Bill in Retail Trade 
• If VAT is paid under Works Contract category than service classifiable as works contract services
• Provisional custom duty paid by Assessee cannot be treated as deposit
• Evans Consoles merit classification under heading 8537
• Taxability of Cryptocurrency
• Summary of ITC Under GST Law
• Know about CryptoCurrency in 5 Minutes
• Indiscriminate Issue of SCN by CGST dept Surat to textile processors under Service Tax Law- HC issues Notice
• GSTR-3B Return notified to nullify Gujarat HC Judgment – SC fails to analyze this crucial aspect
• CBIC exempts BCD & IGST on goods imported for AFC Women’s Asian Cup India
• AAAR Tamilnadu explains GST on Various services provided by Municipal Corporation

Source Taxguru

• All you want to Know about E-Advance Rulings Scheme, 2022
• 18% GST on Body Building, Mounting of Body on Chassis of Tippers, Tankers, Trucks, Trailers: AAAR
• No GST payable on Recoveries made from Employees towards providing Parental Insurance: AAR 
• Uttarakhand HC stays condition in GST Circular relating to Filing of Refunds in Chronological Order

Source Taxscan

---

---