Transfer of assessment is invalid where assessee is not given personal hearing before transfer.
Muruliwala Agrotech Pvt. Ltd. v. UOI, 2022-TIOL-1079-HC-RAJ-IT.
Not striking of irrelevant matter in notice can vitiate penalty proceedings.
Mukund Trikamlal Parmar Vs. ITO, 2022-TIOL-855-ITAT-MUM.
Clarification regarding GST rates & classifications based on recommendations of GST Council in its 47th meeting.
Circular No. 177/10/2022 – GST and Circular No. 179/10/2022 – GST dated 03-08-2022.
CBIC issues clarification for GST applicability on liquidity damages, compensation, notice pay recovery, etc.
Circular No. 178/10/2022 – GST dated 03-08-2022.
Govt. permits manufacturers or packers of pre-packaged commodities to declare Revised MRP on the unsold stock.
Circular No. I – 10/14/2020 – W&M Section, dated 01-08-2022.
E-invoice is mandatory for taxpayers having turnover exceeding 10 Crores for 01-10-2022.
Notification No. 17/2022 – Central Tax, 01-08-2022.
GST – 18% GST on services provided by FSSAI; State levies are subject to GST under reverse charge.
FSSAI Order File No. RCD – 01001/07/2021 – REGULATORY – FSSAI – PART (I), dated 27-07-2022.
Extension of Customs clearances beyond normal working hours in Inland Container Depots.
Circular No. 11/2022 – Customs, dated 29-07-2022.
GST – HC allowed fresh application for refund as deficiency memo was issued by Dept. beyond statutory period.
Vodafone Mobile Services Ltd. v. Union of India – [2022] 140 taxmann.com 650 (Madhya Pradesh).
RBI hikes policy repo-rate under the liquidity adjustment facility by 50 bps to 5.40%.
Press Releases: 2022-23/650, dated 05-08-2022.