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I-T- As per settled position in law, if let out property remains vacant during whole of relevant AY, then its ALV is to be taken as NIL: ITATUttarakhand Govt cancels manufacturing licence of 14 products of PatanjaliI-T - If assessee has supplied raw materials or directed vendors to purchase from its associate to complete manufacturing, it is 'contract for sale' & not 'contract of work': ITATIMF okays USD 1.1 bn bail-out package for PakistanI-T - CIT(E) should decide afresh application in Form No. 10AB for grant of registration u/s 12A(1)(ac)(iii), if application of trust was rejected without following natural justice: ITAT3 police officers killed in shoot-out in CarolinaI-T - If PCIT himself was satisfied that there was no error in order of AO vis-à-vis irregularities noted by him initially, there can be no case for exercising any revisionary power u/s 263: ITATGaza protesters on Columbia Univ campus turn tin-eared to police warningsI-T - Extension given for getting special audit done u/s 142( 2A) suffers from multiple infirmities, then assessment order is held to be void ab-initio: ITATBus swings into gorge; 25 Peruvians killedI-T - Sale consideration received in cash in lieu of agreement of sale upon failure of deal, cannot be penalized u/s 271D: ITATBattle against cocaine cartel: 9 Colombian soldiers perish in copter crashI-T- Payment made by NSE to Core SGF is business expenditure allowed u/s 37(1): ITATICG, ATS Gujarat seize Indian fishing boat carrying 173 kg of narcoticsGST - No hearing notice sent - Petitioner was prejudiced inasmuch as he could not be present at the time of personal hearing and the case was decided in his absence adversely - Matter remanded: HCTwo-Day Critical Minerals Summit begins in New DelhiGST - A taxpayer's registration can be cancelled with retrospective effect only where consequences of customers being denied ITC are intended and warranted: HCSC stays HC order directing CBI to probe against WB officials’ role in teachers’ recruitment scamGST - Proper Officer has not applied his mind to the replies submitted but merely held that the same is not proper - This ex facie shows non-application of mind - Order set aside and matter remanded: HC9 killed as two vehicles ram into each other in ChhattisgarhGST - If the proper officer was of the view that the reply submitted is unsatisfactory, he could have sought further details from petitioner - Matter remitted: HCConsumer court orders Swiggy to compensate for failure to deliver Ice CreamGST - CBIC is directed to look into the issue of automatic generation of non-migrated GST numbers and take rectificatory steps to identify such non-migrated numbers and cancellation thereof: HCRequisite Checks for Appeals - Court FeeST - GTA Service supplied by assessee & Service Tax already paid by service recipient - same activity cannot be taxed again in hands of service provider under SOTG service - no scope for double taxation in statute: CESTATThe 'taxing' story of Malabar Parota, calories notwithstanding!CX - As Unit No. I is entitled to take CENVAT Credit of duty paid by Unit No. II, it is a revenue neutral situation, thus extended period of limitation cannot be invoked: CESTAT
 
New GST rates for mobile, MRO services to come infor force from April 1

By TIOL News Service

NEW DELHI, MARCH 14, 2020: THE 39 th GST Council took following decisions relating to changes in GST rates on supply of goods and services.

++ The recommendation of the Fitment Committee for calibrating the GST rate structure to correct the inverted duty structure on various items like Mobile phones, Footwear, Textiles and Fertilizers was placed before the GST Council for discussion. The Council had a detailed discussion on the matter. Upon discussion the Council made the following recommendations:-

a.To raise the GST rate on Mobile Phones and specified parts presently attracting 12% to 18%.

b. To deliberate the issue of calibrating the rate in other items for removing inversion in future meetings with further consultation and examination of issue.

++ GST rate on all types of matches (Handmade and other than Handmade) has been rationalised to 12% (from 5% on Handmade matches and 18% on other matches). This would address the classification issues. This issue was deliberated earlier in the 37 th meeting and was pending for decision.

++ To reduce GST rate on Maintenance, Repair and Overhaul (MRO) services in respect of aircraft from 18% to 5% with full ITC and to change the place of supply for B2B MRO services to the location of recipient. This change is likely to assist in setting up of MRO services in India. Domestic MRO will also get protection due to 5% tax paid under section 3(7) of the Customs Tariff Act, 1975 on most imported goods (sent abroad for repairs) as this tax is not available as credit.

It is proposed to issue notifications giving effect to these recommendations of the Council on 01 st April, 2020.


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