Cabinet approves release of an additional instalment of Dearness Allowance and Dearness Relief from 1-7-2023.
In fight against fake ITC, Director General of GST Intelligence (DGGI) has detected more than 6000 fake ITC cases involving more than Rs. 57,000 Cr. GST evasion with arrest of 500 persons between April 2000 to September 2023.
RBI amends Master Directions on Know Your Customer (KYC) norms.
Circular No. RBI/2023-24/69 DOR.AML.REC.44/14.01.001/2023-24, dated 17-10-2023.
Sec. 16 of CGST Act – ITC to a dealer cannot be denied merely on ground of non-remittance of tax by supplier/dealer on goods/services supplied to assessee as same tax is not reflected in Form GSTR – 2A.
Goparaj Gopalakrishnan Pillai v. State Tax Officer – I – [2023] 155 taxmann.com 325 (Kerala).
GSTN issues advisory on registration & returns for persons supplying Online Money Gaming or OIDAR services.
GSTN Update, dated 17-10-2023.
Refund of ITC could not be denied on the ground that one of suppliers had erroneously mentioned HSN in respect of goods supplied in its invoices, when in fact, all other suppliers had mentioned correct classification which department had accepted.
Simran Chandwani v. Principal Commissioner of CGST, Delhi – [2023] 155 taxmann.com 318 (Delhi).
Service tax – Educational Institutions such as IIT and NIT are covered by definition of ‘Governmental Authority’ in Mega Exemption Notification No. 25/2012 as amended by Notification No. 2/2014 – ST inter-alia exempting various services from tax rendered to government, governmental or local authorities.
Commissioner, Customs, Central Excise and Service Tax, Patna v. Shapoorji Pallonji & Company (P.) Ltd. – [2023] 155 taxmann.com 303 (SC).
Where goods in transit were intercepted by authorities and detention order was issued on the ground that truck was not on route of its destination, since, there is no specific provision under GST Act requiring disclosure of route for transporting goods, said order was to be quashed.
Prakash Kuldeep Kumar v. Addl. Commissioner Grade 2 – [2023] 155 taxmann.com 249 (Allahabad).
GSTN provides facility for enrolment by un-registered suppliers for supply of goods through e-commerce operators.
GSTN Update, dated 12-10-2023.
Assessee can adopt provisions of the Act for one source of income and apply DTAA provisions for another source.
Indium IV (Mauritius) Holdings Ltd. v. DCIT – [2023] 155 taxmann.com 336 (Mumbai – Trib.).