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TAXWIZ16th September 2020
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The tax world is undergoing a big transformation. Facelessassessments, hearings through video conferencing as the new normaland wider use of video conferencing for meetings and webinars havecome here to say. All the stakeholders must adopt to these new worldpractices and ease the way they conduct themselves.
Table Of Content
1 GST Case Laws
2 Notifications & Circulars
3 GSTN Portal Updates
4 NEWS
5 Customs
6 The Legacy
7 From our Knowledge House
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GST CASE LAWS
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Britania Industries Ltd 2020-TIOL-1495-HC-AHM-GST
SEZ unit can claim refund of theITC distributed to it by the InputService Distributor.
End justifies the means.
Ashok Kumar 2020-TIOL-150-SC-GST-LB
Rejection of anticipatory bail byBombay High Court - SLPdismissed by the SupremeCourt.
Global Vectra Helicorp 2020-TIOL-241-AAR-GST
Fuel cost claimed asreimbursement by aircraftcharterer is includible in value.
4Karma Buildcon 2020-TIOL-243-AAR-GST
Sale of undivided share of landas part of construction.Though actual value of land isavailable, deduction towardsland value is to be one third oftotal value only.
Tata Motors 2020-VIL-257-AAR
No GST chargeable on thenominal amounts chargedfrom employees towardsproviding transport facility, asthe same is part of theemployment
Tax Free
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GST CASE LAWS
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Educational Initiative 2020-VIL-268-AAR
"ASSET" exempted from GST.ASSET is an educational tool toconduct examination forschool students and evaluatethem.
Volvo Eicher commercialVehicles ltd 2020-VIL-42-AAAR
After sales service provided toIndian buyers, on behalf of theforeign manufacturer, is aservice provided to the foreignmanufacturer. Whether it willamount to export of service ornot is not answered, as itinvolves determination of"place of supply"
VOV!. Would havebeen WOW If thesecond issue is alsoanswered!
K U Niyas TS-721-HC-2020(KER)-NT
Assessment orders uploadedin GSTN portal constitutesvalid service.
Bharti Airtel Ltd 2020-TIOL-1473-HC-DEL-GST
ITC denial fortelecommunication towersand immovable propertyconstruction – challengedbefore Delhi HC.
ITC
NOTIFICATIONS & CIRCULARS
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CENTRAL TAX NOTIFICATIONS - 01.09.2020 to 15.09.2020
NO DATE GIST
65 01.09.2020 Time limit for compliance with anti profiteering
provisions falling due between 20.03.2020 -
29.11.2020 is extended till 30.11.2020.
GSTN Portal Updates
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Update regarding enabling on e-invoice portal(https://einvoice1.gst.gov.in/)Link: https://www.gst.gov.in/newsandupdates/read/399
System computed values of GSTR-1 Statement (Monthlyfilers), made available in Form GSTR-3B, as PDF statementon GST Portal.Link: https://www.gst.gov.in/newsandupdates/read/398
GSTN enables Reconciliation Tool for matching GSTR-2Bwith Purchase Register.Link: https://www.gst.gov.in/download/gstr2b
GSTR-2B for the period August 2020 has been generatedand made available on the common portal (without dataon imports and inward supplies from SEZunits/developers)
Delinking of CDN/DNand Invoice forGSTR1
NEWS
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CBIC
₹1.51 Lakh Crore GST CompensationDue To States - Centre Tells Lok Sabha.The provisional GST compensation dueto States/UTs for 2020-21 was highestfor Maharashtra at Rs 22,485 crore,followed by Karnataka (Rs 13,763crore), Uttar Pradesh (Rs 11,742 crore),Gujarat (Rs 11,563 crore) and TamilNadu (Rs 11,269 crore).
From where to bring?
Chennai North Commissionerate detects fake invoice scam worthRs.107 Crore and arrests one person.
GST Revenue State-wise April toAugust 2020-2021 YOY
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CUSTOMS
CASE LAWS
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M/s L R BROTHERS INDO FLORALTD 2020-TIOL-145-SC-CUS
In case of DTA clearances incontravention of the EXIM policy,during the relevant time, if theresultant goods cleared in DTA arenot labile to excise duty, the dutyforegone on imported goods shallbe paid. Quantification of thesame as being equal to importduties payable on the resultantgoods, if the same were imported,cannot be faulted.
M/s RUDRA VYAPARCHEM PVTLTD 2020-TIOL-1321-CESTAT-KOL
The person in whose name theBill of Lading is filed is the ownerof the goods. Provisional releasecan be granted to them.
3SHIROKI AUTO COMPONENTSINDIA PVT LTD 2020-TIOL-1340-CESTAT-AHM
Seats for motor vehiclesclassifiable under 9401 and notunder 8708 as parts of motorvehicle.
SIDHARTH VIJAY SHAH 2020 (9)TMI 450 - BOMBAY HIGH COURT
When the statute provides forprovisional release, the samecannot be denied on the groundthat the goods are prohibitedgoods.
JOHNSON LIFTS PVT LTD
What is imported is "elevator"and what is sold is "lift". In theabsence of correlation betweenthe imported goods and theirsubsequent sale, refund of SADdenied. High Court ordersrefund.
Refund phobia! Whydon’t the department“lift” their veil and“elevate” their image?
IMPORTANT CUSTOMS NOTIFICATIONS & CIRCULARS
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CUSTOMS CIRCULARS & INSTRUCTIONS- 01.09.2020 to 15.09.2020
NO DATE GIST
39 04.09.2020 Customs procedure for export of cargo incontainers and closed bodied trucks fromICDs/CFSs through Land Customs Stations (LCSs)
40 04.09.2020 All India roll-out of Faceless Assessment
41 07.09.2020 Facilitate exports by courier and to enhance theglobal competitiveness of India's exporters, Boardhas decided to allow the facility of Auto LetExport Order (LEO) under the Express CargoClearance System
ANTI-DUMPING NOTIFICATIONS - 01.09.2020 to 15.09.2020
NO DATE GIST
28 02.09.2020 Seeks to impose provisional anti-dumping duty onimports of Ciprofloxacin Hydrochloride originatingin or exported from China PR for a period of sixmonths.
DGFT NOTIFICATIONS - 01.09.2020 to 15.09.2020
NO DATE GIST
30 01.09.2020 Ceiling/cap on MEIS benefits available toexporters on exports made from 01.09.2020 to31.12.2020.
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THE LEGACY
CASE LAWS
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M/s OIL INDIA LTD 2020-TIOL-1365-CESTAT-KOL
When the obligation is to deliverthe materials at customer place,even if transportation is chargedseparately, it would not amountto providing transportationservice, as it is provided to self.
ARANI AGRO OIL INDUSTRIESLTD 2020-TIOL-1361-CESTAT-HYD
Wrong claim of classificationremains as a mere wrong claimin the return and it is for thedepartment to verify itscorrectness. It will not amount tofraud, suppression, etc.
MAIECO RESINS ANDCHEMICALS 2020-TIOL-1359-CESTAT-BANG
Duty paid twice, once in cashand once in cenvat credit -Assessee entitled to take re-credit.
M/s SYNPOL PRODUCTS PVTLTD 2020-TIOL-1493-HC-AHM-CX
Cases involving confiscationand redemption fine can alsobe settled under SabkaVishwas scheme. Gujarat HCextends relief in rem.
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THE LEGACY
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M/s DARSAN SINGH ANDOTHER COOWNER 2020-TIOL-1330-CESTAT-CHD
Co-owners of propertyentitled to thresholdexemption individually.
However close we are,we cannot be clubbed.
SEVENTH PLANE NETWORKSPVT LTD 2020-TIOL-1369-HC-DEL-ST
Sabka Vishwas scheme to beconstrued liberally.
M/s DEEPAK FERTILIZERS ANDPETROCHEMICALSCORPORATION LTD 2020-TIOL-1310-CESTAT-MUM
Rule 6 of CCR, 2004.Proportionate reversal of creditis only for "common credits"and not total credits.
Is it not a commonsense?
M/s ABAN OFFSHORE LTD2020-TIOL-1377-CESTAT-MUM
Catering services availed forproviding food to the employeesworking in the rig, where noother food facility is available. Itis the duty of the employer toprovide proper food and not anystale/spoilt food. So Cenvatcredit admissible.
Whether working in deepsea or desktop, the needfor good food cannot bewished away. So the ratiois universal.
FROM OUR KNOWLEDGE HOUSE
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VIDEO LINK
Webinar on Interest u/s 50, E-Invoicing, GSTR-2B at TheIndian Chamber of Commerceand Industry by S. Jaikumar,B.M. Nithya, M. Nitin Chopra
https://www.youtube.com/watch?v=Q0IRQQhZN8k&t=3762s
Link to important Webinars participated by Swamy Associates.
ARTICLES
Advance Ruling - make iteveryone's darling. G.Natarajan
https://www.swamyassociates.com/downloads/2020/10.%20Advance%20ruling%20-%20make%20it%20everyone's%20darling.pdf
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