Newsletter/Booklets 8th Dec 2022
We are pleased to share our latest Indirect Tax Newsletter which includes detailed analysis on recent case laws/advance rulings on several indirect issues including:
-Who qualifies as an Intermediary
-Whether a lessee can transfer to right to use in goods
-Whether Integrated Goods & Service Tax (‘IGST’) exemption to imports under Export Promotion Capital Goods (‘EPCG’) Scheme can be applied retrospectively
-Whether GST authorities can assess the admissibility of credit availed in the pre-GST regime
-Whether Credit of GST paid on Corporate Social Responsibility (‘CSR’) expenses is available
-Whether GST is applicable on cost of diesel incurred for a Diesel Generator (‘DG’) set in the course of providing DG Rental Service
-Whether a person supplying exempted goods is liable to pay GST under Reverse Charge
The update also provides recent Circulars/Notifications on GST.