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

NITYA I Indirect Tax Bulletin I October 2023 I Week 1

In this Weekly Bulletin, we have captured following:

Rulings

• GST on Personal Guarantee furnished by Director
• Demand of ITC due to mismatch between GSTR-2A and GSTR-3B
• Applicability and validity of Rule 89(4)(C) of the CGST Rules
• Levy of Service Tax on deduction made from sale invoice as ‘Commission’
• ITC on expenses incurred on CSR activities

Other Updates

• Functionality for dealing with differences in GSTR-2B and GSTR-3B made available on GST Portal
• E-invoice download functionality made available on e-invoice Portal
• Zero-rating benefit available for lease rental / other charges for space used for employee welfare facilities
• Extension of amendments under the Legal Metrology (Packaged Commodities) Amendment Rules, 2022