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October 2022

Recent Developments in GST

By G. G. Goyal, Chartered Accountant
C. B. Thakar, Advocate
Reading Time 15 mins
I. INSTRUCTIONS

1. Instruction No.2/2022-23 (GST Investigation) dated 17th August, 2022

By above instruction, guidelines are given for the arrest and bail in relation to offences punishable under CGST Act, 2017.

2. Instruction No.3/2022-23 (GST Investigation) dated 17th August, 2022

By above instruction, guidelines on issuance of summons u/s 70 of CGST Act are given.

3. Instruction No.4/2022-23 (GST Investigation) dated 1st September, 2022

By above instruction, guidelines for launching of prosecution under CGST Act are given.
 
II.    CIRCULAR

1.  Filing/revising of TRAN-1/TRAN- 2 - Circular No.180/12/2022-GST dated 9th September, 2022

In above circular guidelines for filing / revising TRAN-1/ TRAN-2 in terms of order dated 22nd July, 2022 and 2nd September, 2022 of Hon. Supreme Court in the case of Union of India vs. Filco Trade Centre Pvt Ltd are given.


III. ADVANCE RULINGS

21 Rameshwar Havelia with Trade Name
M/s Doon Valley Logistics (A.R. 07/2022-23 in App.No.03/2022-23 dated 18th July, 2022)(Uttarakhand)

ITC on Building – Question not decided

The issue involved before the ld. AAR, Uttarakhand was about eligibility to ITC on inward supply used for construction of building. The applicant submitted that there is construction of
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