Please click on the below link to NITYA | Indirect Tax Bulletin | March 2023 | Week 1 (Legal Precedents, Other Updates, Articles, Short Videos and Recent News) covering all recent updates.

NITYA I Indirect Tax Bulletin I March 2023 I Week 1

In this Weekly Bulletin, we have captured following:

Rulings

• Issuance of DRC-01A along with SCN
• Taxability of charger sold with mobile phone
• Service Tax applicability on secondment of expatriates
• ITC eligibility on vouchers supplied against loyalty points

Other Updates 

• Service Tax on liquidated damages, compensation and penalty arising out of breach of contract
• Compensation Cess on supply of coal rejects
• RCM on services received from Courts and Tribunals     
• Option on GST portal for GTA to opt for forward charge mechanism
• Changes in GST Rates
• Geocoding of address of principal place of business

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