CBIC issues guidelines for filing/revising TRAN – 1/ TRAN – 2.
Circular No. 180/12/2022 – GST dated 09-09-2022.
Providing transportation service to employees could not be said to be ‘input service’, thus, credit of service tax paid on transport of employees to factory was rightly denied.
Solar Industries India Ltd. v. Commissioner, Central Excise, Customs and Service tax, Nagpur – ii – [2022] 142 taxmann.com 160 (SC).
State is a secured creditor for tax purpose under GVAT Act; Section 53 of IBC does not override section 48 of GVAT Act.
State Tax Officer v. Rainbow Papers Ltd. – [2022] 142 taxmann.com 157 (SC).
No interest to be paid on amount paid through credit ledger in respect of returns filed after due date.
Utkal Automobiles (P.) Ltd. v. Union of India. – [2022] 142 taxmann.com 116 (Orissa).
Reversal of credit on transfer of used Capital goods to be done on depreciated value.
Betts India (P.) Ltd. v. Commissioner of Central Excise – [2022] 142 taxmann.com 90 (SC).
GSTN incorporates changes in Form GSTR – 3B for reporting of ITC availment, reversal and ineligible ITC.
GSTN update dated September 2nd, 2022.