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Archive: September, 2022

Posts in September, 2022

GST not applicable on consideration received on sale of residential site

September 8, 2022 4182 Views 0 comment Print

In re Rabia Khanum (GST AAR Karnataka) The Applicant is an individual who owns land and planning to convert that land into residential sites and sell them to individuals and the applicant seeks advance ruling whether GST is applicable on sale of these sites. Thus CBIC has clarified that land may be sold either as […]

AO must pass provisional attachment order under GST only after recording his opinion

September 8, 2022 1788 Views 0 comment Print

Order of provisional attachment cannot be passed with complying with the conditions of forming an opinion, having a tangible material, etc.

An activity between only 2 parties cannot be treated as intermediary service

September 8, 2022 1236 Views 0 comment Print

Intermediary arranges or facilitates supplies of goods or services or securities between two or more persons and an activity between only two parties cannot be considered as an intermediary service.

Forum of Regulators (Amendment) Rules, 2022 under Electricity Act

September 8, 2022 1293 Views 0 comment Print

MINISTRY OF POWER NOTIFICATION New Delhi, the 8th September, 2022 G.S.R. 691(E).—In exercise of the powers conferred by sub-section (1) of section 176 read with sub-sections (2) and (3) of section 166 of the Electricity Act, 2003 (36 of 2003), the Central Government hereby makes the following rules, to amend the Forum of Regulators Rules, […]

Distribution of Electricity Licence (Additional Requirements of Capital Adequacy, Creditworthiness and Code of Conduct) (Amendment) Rules, 2022

September 8, 2022 2358 Views 0 comment Print

These rules may be called the Distribution of Electricity Licence (Additional Requirements of Capital Adequacy, Creditworthiness and Code of Conduct) (Amendment) Rules, 2022.

Creditor can Claim from Successful Resolution Applicant If its Suit Is Decreed

September 8, 2022 987 Views 0 comment Print

If suit of Appellant is decreed, the claim being contingent, Appellant shall be entitled to claim from Successful Resolution Applicant

MEIS Benefit cannot be denied due to Technical Error in Electronic System

September 8, 2022 2067 Views 0 comment Print

Due to technical error or lacunae in electronic system, petitioner cannot be deprived of its benefit/incentive under MEIS – Madras High Court

E-Commerce Operator (ECO) under GST – Short Summary

September 8, 2022 29968 Views 1 comment Print

Explore the essentials of E-Commerce Operators (ECOs) under GST with this short summary. Learn about registration, TCS collection, net value calculation, and compliance on the GST portal.

Analysis of Clause 44 of Tax Audit Report in Form 3CD

September 8, 2022 121585 Views 1 comment Print

“Explore the history and analysis of Clause 44 in Tax Audit Report Form 3CD. Understand its evolution, deferred implementation, and reporting requirements for expenditures. Get insights on GST implications and detailed breakdown.

GST updates and compliance calendar for September 2022

September 8, 2022 9843 Views 0 comment Print

Stay updated with the latest GST changes and compliance requirements for September 2022. Check the GST compliance calendar, including due dates for GSTR-1, GSTR-3B, and other forms.

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