ITC should be allowable on Invoices, not furnished in FORM GSTR-1 by Suppliers
In Eastern Coalfields Ltd [Order No. 07/WBAAR/2021-22 dated 08 September, 2021], Eastern Coalfields Ltd. (“the Applicant”) has sought an advance […]
Advance Ruling-New
Important Pronouncements
SC upheld the validity of Rule 89(5) of CGST Rules i.e. Refund under Inverted Duty Structure restricted to Inputs only
In the Union of India & Ors. v. VKC Footsteps India Pvt Ltd. [Civil Appeal No 4810, 4809, 4811, 4807,
Important Pronouncements
Service Tax not leviable on discounts offered by car manufacturers to their dealers for onward transmission to corporate customers
In AUTOBAHN ENTERPRISES PVT. LTD. v. COMMISSIONER OF SERVICE TAX, [FINAL ORDER NO: A /8673 /2021 dated September 07, 2021],
Advance Ruling-New
ITC not allowable on expired cakes and pastries and needs to be reversed
In M/s. KANAYALAL PAHILAJRAI BALWANI, (SIDARTH FOODS) [ADVANCE RULING GUJ/GAAR/R/16/2021 dated June 30, 2021], M/s. Kanayalal Pahilajrai Balwani (“the Applicant”)
Notification And Circular, Notification and Circular
Relief in Average Export Obligation for EPCG authorizations for the FY 2019-20 & 2020-21
The DGFT issued Policy Circular No. 37/2015-2020 dated September 10, 2021 w.r.t. relief in Average Export Obligation in terms of
Notification and Circular, Notification And Circular
RBI announces changes to the FEMA regulation on advance payment received on exports
The Reserve Bank of India (“the RBI”) through an Extraordinary Gazette No. CG-DL-E-11092021-229553 dated September 08, 2021 notified certain amendments,
GST Recent News
Telangana may not want petroleum goods to come under GST
The State government may oppose the inclusion of petroleum products in the Goods and Services Tax (GST) regime, when it
GST Recent News
45th GST Council meet on September 17: Here are key issues the Centre may address
The 45th GST Council Meet will be held on September 17 in Lucknow, CNBC-TV18 reported. This will be the first physical
GST Recent News
Input tax credit in inverted tax structure: SC verdict may settle issue of refund
All eyes are on the Supreme Court as it is expected to pronounce judgment on Monday in the case of
Newsletter
Weekly GST Communique dated September 13, 2021
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field