Daily GST Updates – September 6, 2022

• Refund on Extra Duty Deposit should be automatic under Customs Act
• Interest on Custom duty Refund allowable from deposit date to refund date
• If Assessee disputes GST Interest Liability then revenue to follow Section 73 or 74 procedure
• Monthly GST Newsletter for September 2022
• Revenue cannot be restrained from collecting GST when Adverse Order sustains
• Ultimate use of imported goods cannot be criteria for deciding valuation
• Payment from electronic cash ledger under GST for SVLDRS allowed: HC
• Basic concept of Allocation of fund under GST and refund in case of Inverted structures
• Due Date Compliance Calendar September 2022
• GST Law Making Powers in the Constitution of India
• GST: Interest leviable despite Availability of Credit in Cash/Credit Ledgers if No Payment was Made
• HC allows revocation of cancellation of GST registration after expiry of statutory limitation of time
• GST shown in Invoice as SGST/CGST instead of IGST – Shown correctly in E-way Bill- Penalty Imposable?
• Section 43B disallowance for GST cannot be avoided by crediting liability to Sales a/c
• Goods cannot be seized from godown by invoking section 129 of CGST Act
• SC allows 4 weeks extension to open common GST portal for Tran 1 & Tran 2
• GST on Cheque dishonour charges, Salary Forfeiture, Late payment fee & Cancellation charges
• Excel Utility to Import GSTR Json’s to Tally

Source Taxguru

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