Upcoming Changes in GSTR 1 Recent Judgments Honorable High Court of Gujarat Appellate Authority for Advance Ruling – Karnataka Activities of liaison office of foreign company establishing its place of business in India are not liable for GST The foreign company is a ‘person’ by the virtue of clause (h) of section 2(84) of the CGST Act. However, the liaison office is not recognized as a separate legal entity in India and is registered with the registrar of company in the
Tag: GST Return
Ambit of GST widened
DGFT Introduces online e- PRC system for application seeking Policy/ Procedure relaxation in terms of Para 2.58 of FTP 2015-20 w.e.f. 25/01/2021 via Trade Notice No. 38/2020-21 dated 15th January’2021 Recent Judgement Honorable High Court of Delhi DRC-03 – Petition is not maintainable, as an alternate efficacious remedy under Rule 159(5) of the CGST Rules, 2017 is available – time limit in the rule is directory Writ petition was preferred seeking cancellation of DRC-03 for reversal of Input Tax Credit
Effective Changes with the advent of a New Year,2021
Notification No. 94/2020-Central Tax dated 22.12.2020, CGST Change in Rule 86B (Restriction on use of Input Tax Credit for discharging the output liability) has been inserted into CGST Rules, 2017, and is effective from 1st, January 2021. Exemption to the Rule 86(4) Rule 36(4) of CGST Rules, 2017 Rule 59 of CGST Rules, 2017 Rule 9(1)a of CGST Rules, 2017 Recent Judgement M/s Hindustan Zinc Limited v/s Commissioner Central Goods and service Tax, Appllate Tribunal Delhi- Where the commissioner dismissed