NEWS FLASH

GST Council to discuss about bringing real estate under GST, says FM

GST Council to hold 23rd meeting on Nov 10, 2017 at Guwahati

CENTERL TAX RATES NOTIFICATION

38/2017

Seeks to exempt payment of tax under section 9(4) of the CGST Act, 2017 till 31.03.2017

CENTERL TAX RULES NOTIFICATION

45/2017

Seeks to amend the CGST Rules, 2017

44/2017

Seeks to extend the time limit for submission of FORM GST ITC-01

43/2017

Seeks to extend the time limit for filing of FORM GSTR-6

42/2017

Seeks to extend the time limit for filing of FORM GSTR-5A

41/2017

Seeks to extend the time limit for filing of FORM GSTR-4

40/2017

Seeks to make payment of tax on issuance of invoice by registered persons having aggregate turnover less than Rs 1.5 crores

39/2017

Seeks to cross-empower State Tax officers for processing and grant of refund

38/2017

Seeks to amend notification no. 32/2017-CT dated 15.09.2017 so as to add certain items to the list of “handicrafts goods”

IGST TAX RATES NOTIFICATION

32/2017

Seeks to exempt payment of tax under section 5(4) of the IGST Act, 2017 till 31.03.2017.

IGST RULES NOTIFICATION

11/2017

Seeks to cross-empower State Tax officers for processing and grant of refund

10/2017

Seeks to exempt persons making inter-State supplies of taxable services from registration under section 23(2)

09/2017

---

UNION TERRITORY TAX (RATES) NOTIFICATION

38/2017

Seeks to exempt payment of tax under section 7(4) of the UTGST Act, 2017 till 31.03.2017.

TOP NEWS

Vehicles purchased and leased before July 1, 2017 - GST to be paid at 65% of tax rate, including Cess

GST Council approves new tax structure for Petroleum and Oil Sector

Area Based Exemptions in GST Regime

CASE LAWS

2017-TIOL-02-SC-GST

Samaj Parivartana Samudaya Vs State of Karnataka

CGST - an entity purchased mineral sold by the State in an e-auction - The minerals were then leased to another entity - When the revenue sought to impose GST duty on the sale value of the mineral purchased in the e-auction, the issue arose as to who between the purchaser of the minerals and the lessee would pay the tax.

Held - the buyer of the minerals liable to pay GST directly to the lessee - The lessee would further be responsible for ensuring all compliances - Monitering Committee to enable the lessee to claim and obtain input tax credit under the CGST Act, 2017 and also prepare appropriate proforma and also take steps for carrying proper Tax Identification Number of the respective lessees on the invoices: Supreme Court -Interim Application disposed off : SUPREME COURT OF INDIA

2017-TIOL-21-HC-DEL-GST

Hughes & Hughes Chem Ltd Vs UoI

GST - No appearance on behalf of the GST council although dasti was served - CGSC appearing for UOI stated that he has no instructions to appear on behalf of GST council - since it is also not known as to whether the GST council has disposed of the petitioner's representation, the High Court is constrained to direct the Secretary of the GST Council to remain present in Court on the next date of hearing - Matter listed on 6 November 2017: High Court [para 2, 3, 5] - Matter listed: DELHI HIGH COURT

ARTICLES

Kudos to GST Council but more needs to be done!