There have been continuous updates, amendments and clarifications in the GST law, which require constant monitoring for evaluation of their impact on business operations. Businesses are expected to be aware of the GST applications along with ensuring timely compliance of the same.
In the 2nd edition of our GST Newsletter, we have summarized the recent amendments, notifications and circulars declared in the last month along with an article on Intermediaries in GST Law. We have also added a couple of case laws on GST for construction services and deposits. In this newsletter we discuss the following:
- What constitutes an Intermediery?
- What are the types of Intermediaries?
- What is the impact of GST On Intermediaries?
We take you through the facts of the case, provisions of the law and the ruling made by the concerned authority. The below case laws deal with issues faced by real estate developers.
- Ashiana Housing Limited
- The Capital Commercial Co-op. (Service) Society Limited
Important Notifications And Circulars For The Month Of July 2021
Every newsletter shall include the calendar for the month. We have highlighted the GST due dates that you need to be aware of for your easy reference!