GST Updates 23.07.2021
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๐ฎ๐ณ 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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