Indirect Taxes

Sec. 11A of Central Excise Act – Proceedings commenced by virtue of two show cause notices were not yet concluded although over a decade had passed; Commissioner of GST (adjudicating authority) was directed to conclude proceedings within a period of Eight Weeks.

Commissioner GST and Central Excise Commissionerate II v. Swati Menthol and Allied Chemicals Ltd. – [2023] 152 taxmann.com 457 (SC).

Penalty order rightly set aside when no discrepancy was found between goods mentioned in invoice and E-way Bill.

Addl. Commissioner Grade 2 v. Sleevco Traders – [2023] 152 taxmann.com 418 (SC).

Amnesty Schemes for non-filers of Annual Returns & revocation of GST registration cancellation extended till 31-8-2023.

Notification No. 22/2023 – Central Tax to 26/2023 – Central Tax, dated 17-7-2023.

No GST on activity of holding of shares of subsidiary company by the holding company.

Circular No. 196/08/2023-GST, dated 17-7-2023.

No need to reverse ITC by manufacturer in respect of free replacement of parts or repair services, during warranty period.

Circular No. 195/07/2023-GST, dated 17-7-2023.

CBIC issues clarification on TCS liability in case of multiple E-commerce Operators in one transaction.

Circular No. 194/06/2023-GST, dated 17-7-2023.