A. Update/Press Release
CBDT notifies Rules and Forms for Direct Tax Vivad Se Vishwas (DTVSV) Scheme, 2024
B. Notes
Lawgics – Judgment No. 177
by Adv Nidhi Aggarwal
Since the original order adversely affected the petitioner, thus, the third proviso to Section 161 came into picture, and the petitioner should have been given a hearing.
C. Articles
GST is applicable on the increased rents for past periods
by CA Bimal Jain
AAR Tamil Nadu, in the case of M/s. Metropolitan Transport Corporation, ruled that in pursuance of a contract entered into prior to appointed day, if, price of any goods or services or both is revised upwards on or after appointed day, then, in case of such upward price revision, a registered person will issue a supplementary invoice or debit notes within 30 days from date of revision and such revision shall be treated as ‘supply’ under the CGST Act Act. Hence, GST is payable.
Advance ruling passed by the authority of one particular state is not binding on the department of different state and third-party taxpayer
by CA Bimal Jain
The Hon’ble Calcutta High Court in the case of Sarkar Diesel held that the advance ruling passed by the authority of one particular state is not binding on the department of different state and third-party taxpayer.
Private Company’s dues cannot be collected from its directors
by CA Bimal Jain
The Hon’ble Supreme Court in the case of Shankar Rudra allowed the civil appeal and held that when the provisions of the UVAT Act does not provide for the dues of a limited company could be ascertained by the Director. Hence, recovery certificate and demand notice shall have not been issued to the Assessee.
HC directs Government to complete the selection process of members within four months for initiating GSTAT operations
by CA Bimal Jain
The Hon’ble Kerala High Court in the case of CA. P.J. Johney directed the Government to appoint members within four months for initiating GSTAT operations. However, the Court denied the Assessee’ s request to amend Section 169 of the CGST Act making service of notices and orders through at least three modes of service mandatory, stating that such issues were subject to individual litigation and therefore, cannot be adjudicated upon by way of PIL.
D. Tax in Media
Food processing ministry to take up food industry’s concern on GST with GST Council: Chirag Paswan
Seeking to promote the food processing sector, the Centre on Thursday held consultation with more than 100 senior executives of food companies to understand the problems faced by them related to ease of doing business, imports, GST rates and misconceptions about processed food items. During the meeting, food companies demanded reduction in GST rates of many food items.
Chemistry of curd to physics of paratha, GST rates on food are a multi-disciplinary tangle
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