Magazine on Tax Update (Sep-Oct-2023) || Online Publication-30.11.2023

CONTENTS

GST LAW

1.     Important Due Date Calendar

2.     Section 17 (5) Input Tax Credit shall not be available on certain goods/services

Provision of Section 17 (5) Input Tax Credit With Case   Law

• Case Name: – In re M/s. A.M. Motors
• Case Name: – In In re Indian Cotton Solutions.Com Private Limited
• Case Name: – In In re M/s. Musashi Auto Parts Pvt. Ltd.
• Case Name: – In In re Jabalpur Entertainment Complexes Pvt. Ltd.
• Case Name: – In In re M/s. Wago private limited
• Case Name: – In In re Tewari Warehousing Co Pvt Ltd
• Case Name: – In In re M/s. Polycab Wires Pvt. Ltd
• Case Name: – In Provisions of sections 74, 129 and 130

3.     Provision of Cancellation of Registration in GST

• Section 29-Cancellation of GST registration
• Rule 20 – Application for cancellation of registration
• Rule 21 – Registration to be cancelled in certain cases
• Rule 21A – Suspension of registration
• Rule 22 – Cancellation of registration

4.     GST AAR TELANGANA: – Immense Construction Company  

5.     GST AAR gujrat:- Case Name: Varachha Co-op. Bank Ltd (GST AAAR Gujrat)

6.   Allahabad High Court Case Name: – Clear Secured Services Private Limited Vs Commissioner, State Tax GST, U.P. Commercial Tax, Lucknow And Another

7.   Tax Treatment of Hindu Undivided Families

·       Determination of residential status

·       Computation of income

·     Computation of tax