NITYA | Indirect Tax Bulletin | March 2022 | Week 4

by | Apr 1, 2022 | Indirect Tax Bulletin

In this Weekly Bulletin, we have captured following:

Rulings

  • Blocking of Electronic Credit Ledger under Rule 86A
  • Refund of ITC under inverted duty structure where input and output supplies are same
  • Refund of amount deposited by customer in Electronic Cash Ledger under garnishee proceedings
  • Taxability of bundle of healthcare, accommodation and food services

Other Updates

  • Standard Operating Procedure for scrutiny of returns for FY 2017-18 and 2018-19
  • Finance Act, 2022 has received Presidential assent on March 30, 2022
  • DGFT has extended the operation of Foreign Trade Policy, 2015-2020 till September 30, 2022

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

NITYA I IDT Bulletin I March I Week 4

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