In this Weekly Bulletin, we have captured following:

Rulings

• Challenge to constitutional validity of Section 7 (Inclusion of ‘Sale’ within scope of ‘Supply’)
• Mismatch in GSTR-3B and GSTR-2A
• Adjustment of IGST paid under wrong head towards CGST and SGST
• Meaning of ‘Reimbursement’ and ‘Disbursement’
• GST implications on canteen recoveries from employees
• Admissibility of ITC on Demo Vehicles

Other Updates

• Extension of levy of Compensation Cess
• Extension of last date of submitting MEIS applications

Please click on the below link to NITYA | Indirect Tax Bulletin | July 2022 | Week 1 (Legal Precedents, Other Updates, Article and Recent News) covering all recent updates.

NITYA I Indirect Tax Bulletin I July 2022 I Week 1

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