COURT RULINGS Challenge to validity of Rule 86A of the CGST Rules Rule 86A of the CGST Rules, to the extent it gives power to block credit at no fault of the recipient, has been challenged. Further, the same has been challenged to be ultra-vires…
NOTIFICATIONS Timelines for compliance or action by any authority, which is required to be done under provisions of Section 171 of the CGST Act, 2017, have been extended Timelines for completion of compliance or action by any authority which has been prescribed under Section 171…
NOTIFICATIONS Effective date of provision of Section 100 of Finance (No. 2) Act, 2019 notified September 01, 2020 has been appointed as the date on which provisions of Section 100 of the Finance (No. 2) Act, 2019, shall come in force. Hence, from September 01,…
NOTIFICATIONS CGST Rules, 2017 have been amended to provide for physical verification of business premises for grant of registration where Aadhaar number is not authenticated Amendments have been made in Rule 8, Rule 9 and Rule 25 of the CGST Rules, 2017 to bring in…
CESTAT RULINGS Profit earned by vehicle dealer from selling second hand vehicle is not chargeable to tax under service tax When a vehicle is purchased by dealer who subsequently sold them, it remains a transaction of sale and purchase of old vehicle. Refurbishing of…
ADVANCE AUTHORITY RULINGS Taxability of supply of food & beverages to Hospitals on outsourcing basis The supplier is not being paid by the consumer of the food & beverages directly. Supplier here is only vested with the management of the canteen. Exemption under the notification…
NOTIFICATIONS Revised format/schema for e-invoicing issued by CBIC Revised format/schema under GST in Form GST INV-01, for the taxpayers whose aggregate turnover in a financial year exceeds INR 500 crore, has been issued. Also, Special Economic Zones (‘SEZ’) units have been excluded from generating e-invoices.…
ADVANCE AUTHORITY RULINGS Mere capability of removal and reuse elsewhere does not mean blocks are not permanently embedded to earth and hence can be used as moveable property with eligibility of credit. Applicant contention, that laying of paver blocks on land does not amount to…