NITYA | Indirect Tax Bulletin | January 2023 | Week 1
Please click on the below link to NITYA | Indirect Tax Bulletin | January 2023 | Week 1 (Legal Precedents, Other Updates, Articles, Short Videos and Recent News) covering all recent updates.
In this Weekly Bulletin, we have captured following:
- Levy of interest and penalty on Inverted Duty refund of ITC on input services
- Single refund application to be filed for each GSTIN, supplementary claim not permitted
- Issuance of DRC-01 and DRC-01A not mandatory
- Restaurant service does not cover sale of bought-out food items
- Composite Supply v. Mixed Supply
- Supply of pencils with sharpeners and erasers
- Right to use car parking space along with construction services
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