GST Updates 23.07.2021

 



Namaskar🙏


🇮🇳 GST Updates 23.07.2021


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1️⃣ GSTN Advisory: Filing of Annual returns by composition taxpayers. - Negative Liability in GSTR-4.

https://www.gst.gov.in/newsandupdates/read/491


2️⃣ PEs, VCs mull recast to get around GST on carry fee due to recent ruling under Service tax.


3️⃣ Gujarat HC: Charitable trust running medical store required to register for GST.


4️⃣ The Govt. has created a panel of state ministers to examine the valuation of racecourses, online gaming, lottery and casinos in order to better inform the levying of GST.


5️⃣ Kerala AAAR: Reimbursement of additional discount to distributor will attract GST.


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Regards

CA. Praveen Sharma

Your's GST Mitra www.thegstmitra.com

+91 9871530610

NIRC Candidate


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