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This website contains information about recent changes mainly in GST laws. It also contains Articles on various topic in GST. Please visit the website and read more.
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Please subscribe "Newsletter for Rs. 99/- for one year". This nominal fees is to mitigate the cost of emailer.
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Hi Reader,
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Please find tax updates in Newsletter 62 dated 15.12.2022 as below:
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Index
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6. GST Notes by CMA Anil Sharma
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1. Article
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The Hon’ble Allahabad High Court in Ashish Tyagi allowed the habeas corpus petition and declared the arrest and consequent detention of the assessee under Section 132 of the CGST Act as illegal
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The Hon’ble Gauhati High Court in M/s Metal Syndicate and Another set aside the OIO and the OIA confirming GST demand of Rs. 78,70,952/- along with interest and equivalent penalty, and held that a bona fide purchasing dealer cannot be denied ITC merely on account of the supplier’s failure to deposit the tax collected with the Government.
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The Hon’ble Madras High Court (Madurai Bench) in Tvl. Manickavasagam S. set aside the assessment order passed under Section 74 of the TNGST Act pertaining to levy of GST on seigniorage fees
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The Hon’ble Madras High Court in P. Baskaran set aside the order imposing interest and penalty u/s 74 of CGST Act and remanded the matter for fresh consideration on the applicability of Section 74
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Centre has extended the last date for filing appeals before the Goods and Services Tax Appellate Tribunal (GSTAT) to July 31, 2026, giving taxpayers an additional month to submit their cases after a surge in filings led to technical difficulties on the GSTAT portal. The extension applies to appeals filed under Section 112(1) read with Section 112(3) of the Goods …
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GST & IDT Committee has requested the Chairman, IDT Committee, ICAI, New Delhi to urgently represent before the respective forums for the date extension of GSTAT, i.e., 30-Jun-2026.
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Tata Steel Limited said tax authorities have filed an appeal seeking restoration of penalties worth Rs. 368.72 crore that were earlier dropped in a GST adjudication order
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3. GST Law
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The Central Goods and Service Tax, 2017 updated as on 01.10.2022 is reproduced below for your easy reference and reading. Your suggestion / feedback is welcome at taxupdate.otu@gmail.com THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 (OF 2017) AS AMENDED BY THE - THE CENTRAL GOODS AND SERVICES …
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Free E-Book on CGST Act, 2017 updated upto Oct 2022 compiled by Sri Ghanshyam Upadhyay
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4. Income Tax in Media
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The Union government on Tuesday granted a six-month extension to the tenure of Central Board of Direct Taxes (CBDT) Chairman Ravi Agrawal till December 2026.
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Several important financial changes are set to take effect on July 1, 2026. These changes could impact taxpayers, bank customers, credit card users, passport applicants and Aadhaar card holders.
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The Karnataka Authority for Advance Ruling, in Aditya Auto Products & Engineering India Pvt. Ltd. on GST charged by CSPs engaged for operating statutory factory canteens is admissible only to the extent of cost actually borne by the employer in respect of regular employees.
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Hookah served in restaurants along with food must be taxed separately and cannot be treated as part of restaurant service, the West Bengal Authority for Advance Ruling (AAR) has held. In its ruling dated February 27, the AAR said restaurant food and hookah constitute two distinct supplies under the goods and services tax (GST) law, attracting different tax rates.
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BEFORE THE AUTHORITY FOR ADVANCE RULING UNDER GST, GUJARAT re :Inox Air Products Pvt. Ltd., decided on 25-3-2025
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6. GST Notes by CMA Anil Sharma
1) CGST Act in Slides form: Respected Shri CMA Anil Sharma, Shri CMA Gurdev Singh Saini and Respected Smt. CMA Bhawna Sharma presenting CGST Act / IGST Act in simple language in PPTs to make dealers, professionals, academicians, students etc. understand the basics of GST laws. Each Chapter in CGST Act, 2017 is explained in the form of Slides as given below for easy understanding of the Act:
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GST ITC Draft Replies & Internal Controls (with Accounting Treatments & Dcoumentations)
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Authored by CA Vishal Poddar, Adv. Nitin Sharma, CA Pooja Garg.
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Hope the above updates is of use to you. Please share your input and feedback at taxupdate.otu@gmail.com
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If you wish to publish your article with OTU and share your knowledge to maximum readers then please send your article to us at taxupdate.otu@gmail.com. We shall publish it with all due credit to you.
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