GST Judgements
1. The applicant sought Applicability of GST on Land owners share of constructed residential flats, since Joint development agreement entered between Land owner and Builder entered before the commencement of construction of the building and Construct
Classification of the three-wheeled electrically operated motor vehicle under GST
Guest 17 August 2020 at 15:44
A combined reading of the provisions of section 2A (2) of the MV Act and Entry No. 242A of Schedule I of the Rate Notification establishes that the battery pack is an essential character of an e-rickshaw. An electrically operated three-wheeled vehicl
Whether assignment of leasehold right on land is taxable under the GST
Guest 17 August 2020 at 13:19
Section 3(26) of the General Clauses Act, 1897 defines “immovable property” as to include land, benefits to arise out of the land, and things attached to the earth, or permanently fastened to anything attached to the earth. Applicability of the Gener
VKC Footsteps India Pvt Ltd vs. UOI - Gujarat HC Judgment Analysis
Shankit Sharma 13 August 2020 at 09:42
This judgement is quite loudable judgement in favour of the taxpayers having inverted duty structure. In regard to the applicability, since there is no contrary judgment in this issue till date, so, this judgement has pan India applicability.
Analysis of Section 136 of CGST Act, 2017
CA. Rajeev K. Sharma 13 August 2020 at 09:42
When a statement recorded under Section 70 under GST CGST Act, 2017 is Relevant and Admissible? -Analysis of Section 136 of CGST Act, 2017
As per the Gujarat AAR Decision in case of Shree Sawai Manoharlal Rathi it has been ruled that Interest on PPF and SB and on Personal Loans and Advanced to family/friends would be considered while calculating the "Aggregate Turnover".
Denial of Input Tax Credit (Inverted Duty Structure) to be called invalid
Guest 03 August 2020 at 15:43
From the conjoint reading of the provisions of Act and Rules, it appears that by prescribing the formula in Sub-rule 5 of Rule 89 of the CGST Rules,2017 to exclude refund of tax paid on "input service" as part of the refund of the unutilized input ta
Bail by HC to person allegedly involved in issuing fake invoice
Guest 01 August 2020 at 14:08
High Court decided to grant the bail to the petitioner who is allegedly guilty of creating bogus firms/companies solely for the purpose of fraudulently creating and issuing GST invoices without any sale/purchase and actual movement of goods.
In this update we shall discuss a recent advance ruling pronounced by Tamil Nadu AAR in the case of VENBAKKAM COMMANDUR JANARDHAN, proprietor of M/s Law Weekly Journal on the issue whether the sale of DVD’s/CD’s containing the printed content in elec
Income/Revenue from Interest received from different sources, Partner's salary, received as partner, Salary received as Director from a Pvt. Ltd. Company, Rental income on Commercial Property Residential Property, of income out of maturity proceeds o
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