Indirect Taxes

Recommendations of 47th Meeting of GST Council.

Press release dated 29-06-2022.

Microprocessors and memory modules are excluded from Chip Import Monitoring System (CHIMS).

Policy Circular No. 40/2015-2022, dated 27-06-2022.

Transfer of business by way of merger of two GST registration on same PAN is not exempted.

AAR Maharashtra Crystal Crop Protection Ltd. In re – [2022] 139 taxmann.com 242 (AAR-Maharashtra).

Levy of Compensation cess is extended upto 31 March 2026.

Notification No. 1/2022, dated 24-06-2022.

No Advance Ruling can be sought to determine GST rate after receipt of SCN from department.

Saisanket Enterprise v. AAR, Commissioner Commercial Tax, MP – [2022] 139 taxmann.com 470 (Madhya Pradesh).