Please click on the below link to NITYA | Indirect Tax Bulletin | August 2022 | Week 4 (Legal Precedents, Other Updates, Articles & Short Videos and Recent News) covering all recent updates.

NITYA I Indirect Tax Bulletin I August 2022 I Week 4

In this Weekly Bulletin, we have captured following:

Rulings 

• Requirement to issue SCN for demanding interest
• Maintainability of application for advance ruling when investigation is undergoing
• Denial of budgetary support claim without assigning reasons
• Levy of GST on transfer of right to cost centre of the same entity
• ITC on lease premium paid 

Other Updates

• Amendments in Legal Metrology law for garments or hosiery sold in loose

Articles

• Transitional Credits : Who will have the last laugh? by our our Associate Partner, Aasmee Mangla and Associate, Ms. Srishti Yadav

Short Videos

• Upcoming Changes in GSTR-3B by our Manager,  Prem Daksh

Hope you find this an interesting read! Please feel free to share your comments / feedback.