Rummy is predominantly a game of skill, not chance, whether played with stakes to not, and is not considered gambling. Show Cause Notice of INR 21,000 Cr. quashed, being illegal, arbitrary and without jurisdiction.
Gameskraft Technologies (P.) Ltd. v. DG – GST (I) – [2023] 150 taxmann.com 252 (Karnataka).
CBIC rolls out Automated Return Scrutiny Module for GST Returns in ACES-GST backend application for Central Tax Officers.
Threshold limit for generating e-invoice reduced to INR 5 Cr. w.e.f. 1-8-2023.
Notification No. 10/2023 – Central Tax dated 10-5-2023.
Time limit extended till 31-5-2023 for exercising option to pay tax under forward charge for FY 2023-24 by GTAs.
Notification No. 05/2023 – Central Tax (Rate), dated 9-5-2023.
No liability of interest would arise if credit was reversed by petitioner before its utilisation.
Grundfos Pumps India (P.) Ltd. v. Jt. Commissioner of GST & Central Excise – [2023] 150 taxmann.com 176 (Madras).
GSTN issues advisory on deferment of implementation of time limit for reporting old e-invoices. Next date of implementation to be shared in due course.
GSTN Update dated 6-5-2023.