Latest update 12.09.2024

A. Amended

Circular no. 230/24/2024-GST dated 10.09.2024

To provide clarification in respect of advertising services provided to foreign clients.

Circular no. 231/25/2024-GST dated 10.09.2024

To provide clarification on availability of input tax credit in respect of demo vehicles.

Circular no. 232/26/2024-GST dated 10.09.2024

To provide clarification on place of supply of data hosting services provided by service providers located in India to cloud computing service providers located outside India.

Circular no. 233/27/2024-GST dated 10.09.2024

inputs without payment of integrated taxes and compensation cess

B. Article

Whether writ petition is maintainable when the alternative remedy of appeal is not exercised?

by CA Ritesh Arora

Penalty cannot be imposed on the Assessee for not generating E-Tax Invoice

by CA Bimal Jain

The Hon’ble Allahabad High Court in case of Nancy Trading Company quashed the detention and penalty order under Section 129 of the CGST Act on the ground that missing of e-tax invoice was considered as bonafide human error and there was no intent to evade tax, and all other required documents were in order.

C. Tax in Media

GST tweak on commercial rentals to bring higher revenue for govt: Experts

The latest change announced by the Goods and Services Tax (GST) Council regarding taxing rental income from commercial property is likely to improve the government’s tax revenue.

GST relief on preferred locations may not apply to past cases

The GST Council’s clarification on the taxing process of Preferential Location Charges (PLC) may have brought relief to homebuyers, but questions of its retrospective applicability still remains, as past cases

Four Central CGST officers arrested for extorting Rs. 1.5 crore during fake raid on Bengaluru firm

Bengaluru police on Wednesday announced the arrest of four central GST officers, who allegedly carried out a fake raid on a tech solutions company, “illegally confined” its four employees for two days and extorted Rs 1.5 crore from them.

Mahindra Group companies run into ‘brand’ tax

In a move that could open a Pandora’s box and spark an outcry from Corporate India, Mahindra & Mahindra has been served a notice from the office of the goods and services tax (GST) for the use of the ‘Mahindra’ brand name by various group companies.

GST council’s nod on exempting research grants victory for nation: Atishi

Delhi Finance Minister Atishi on Monday said the GST Council has decided to exempt research grants from the GST net, and called it a victory for the entire nation.

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