GST Updates – March 26, 2022

• Imprisonment under GST is only in cases of serious nature: FM
• Treatment of reimbursement of expense under GST
• Applicability of GST on renting or letting out immovable property/Hotel for commercial use
• Major issues of Composition dealer under section 10 of GST
• Applicability of GST on Restaurant/Canteen/Out door catering under GST
• No exemption from TCS on Purchase of Tendu leaves from Forest Department for Sale to manufacturer of bidis
• CESTAT allows refund of CVD/SAD as after 30.06.2017 under GST regime credit is not available
• GST on Supply of functional Cattle Feed Plant with Erection, Installation & Commissioning
• GST exempt on Supply of services to State educational boards related to conduct of exam
• GST on reimbursement received of actual Stipend amount from Industry partner
• GST on composite supply of works contract provided to Adani Road Transport Ltd.
• 12% GST Payable on supply of EPABX system for Railways
• Time of supply for discharge of GST in respect of Mobilization Advance
• Basic custom duty on umbrellas raised from 10% to 20%
• GST Rates on Diamonds and Life Saving Medicines
• Many State Govts requested for extension of GST compensation payment period
• State and year-wise details of GST compensation given from 2017
• Tax on Tobacco Products
• Import Duty on Edible Oil
• Import Duty on Cotton
• GST recovery during investigation is ingenious way of creating liquidity crunch: HC
• GST on Sporting events
• Detailed analysis of Summons under GST – Tax Payer Rights & Duties
• Educational Institutions- Hostel Accommodation service for students with Allied services “Mixed Supply”
• Assessee cannot legally collect TCS from buyers who furnishes section 206C(1A) declaration
• GST Evasion: HC Grants bail to accused as dept already attached property of value in excess of amount of alleged evasion
• Clarity on rate of GST on Branded & Non-Branded ‘Namkeen’
• Liability to pay service tax cannot be imposed on presumption
• Interim SOPs for scrutiny of GST returns for FY 2017-18 & 2018-19
• Recent Updates In GST till 23rd March 2022
• CESTAT allows 12% Interest on refund of deposit paid under Section 35F
• Concept of Pure Agent Under GST- Rule 33
• E-Campaign – Significant Transactions for AY 2022-23 what to do?
• CENVAT credit receivables which cannot be set off allowable as expense
• Dispute concerning an exemption cannot be equated with a dispute in relation to Custom duty rate
• Cenvat refund of unutilised credit is permissible when it is not possible to utilise such credit
• HC confirms Suspension of period of limitation from 15.3.2020 to 14.3.2021 for GST Appeal

Source Taxguru

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