Word ‘Supply’ includes sale also; Parliament and Legislature does not lack in legislative competence to enact Section 7 of CGST/UPGST Act in levying GST on same.
Instruction No. 10/2022, dated 28-06-2022; Key Pan Fragrances (P.) Ltd. v. Union of India – [2022] 139 taxmann.com 569 (Allahabad).
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).
NFT whose transfer results in a transfer of ownership of an underlying tangible asset is not VDA.
Notification No. 75, dated 30-06-2022.
CBDT notifies Form 26 QF for filing of statement of tax deposited u/s 194S by ‘Exchange’.
Notification No. 73/2022, dated 30-06-2022.
Gift vouchers, reward points, and website subscription is excluded from definition of VDA.
Notification No. 74/2022, dated 30-06-2022.
Sec. 234A – Where assessee paid interest on late payment of tax belatedly after application to waive such interest amount got rejected, assessee was liable to pay interest on such late payment of interest.
Ravikumar Dhandhania v. Income-tax Officer – [2022] 139 taxmann.com 342 (Madras).