NITYA | Indirect Tax Bulletin | October 2023 | Week 3

by | Oct 27, 2023 | Indirect Tax Bulletin

Please click on the below link to NITYA | Indirect Tax Bulletin | October 2023 | Week 3 (Legal Precedents, Other Updates, Articles, Short Videos and Recent News) covering all recent updates.

NITYA I Indirect Tax Bulletin I October 2023 I Week 3

In this Weekly Bulletin, we have captured following:


  • Rulings
    • Proof of actual movement of goods and genuineness of transaction to avail ITC
    • Applicability of time-limit on ITC of tax paid under RCM on employee secondment
    • Interpretation of Proviso to Rule 36(4) of the CGST Rules
    • Jurisdiction of State Tax officers to block CGST ITC
    • Parallel proceeding initiated by the Centre and the State Officers
    • Issuance of DRC-01A mandatory for period prior to amendment in Rule 142(1A) of the CGST Rules
    • Intent to evade tax as pre-condition for imposition of penalty


    Other Updates

    • Amendments in GST Notifications pursuant to 52nd GST Council Meeting
    • Restriction on ITC limit on taxpayers providing passenger transportation service
    • Revised All Industry Rates of Duty Drawback
    • Import of computers, laptops etc. under Chapter 84