In the July 2022 edition of the newsletter, we talk about the journey of GST since its introduction 5 years ago. We discuss the major changes introduced like GSTR 3B, Input tax credit (ITC), E-invoicing. Further, ongoing issues such as E-invoicing issues, Refund on ITC on selected goods have been detailed. In this article, we also mention the taxpayer’s expectations.
To summarise, in this newsletter we talk about the following:
- 5 years since GST – major reforms and unresolved issues
We take you through the facts of the case, provisions of the law and the ruling made by the concerned authority.
- Taxability And ITC Eligibility On Canteen And Bus Services Provided To Employees.
Emcure Pharmaceuticals Limited – Authority for Advance Ruling – Gujarat
- GST On Residential Units Let Out To Commercial Entities For Residential Use.
Kasturi & Sons Ltd – Authority for Advance Ruling, Maharashtra
Important Notifications and Circulars for the month of July 2022
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!