In this Weekly Bulletin, we have captured following:

Rulings

• Rectification in GSTR-1
• Provision of reasons of provisional attachment to taxpayer
• Levy of GST on electricity charges and DG set rental charges collected by lessor
• Deductibility of refurbishment expenses from sale price of old and used vehicles
• Eligibility of ITC on construction of Solar Power Plant
• Eligibility of ITC on medical insurance policy taken from employees when mandated by law

Other Updates

• Scrutiny of GST returns by GST department

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

NITYA I Indirect Tax Bulletin I March 2022 I Week 1

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