In the February 2022 edition of the newsletter, we talk about the GST Audit. We discuss the criteria for GST audit and the audit related amendments announced in the Union Budget 2022-23.
To summarise, in this newsletter we talk about the following:
Articles:
- What is GST audit?
- Applicability of GST audit
- Shifting the responsibility to the Management of the company
Case Laws:
We take you through the facts of the case, provisions of the law and the ruling made by the concerned authority.
- GST Implication on providing warehousing facility to Cotton Corporation of India (CCI) who is processing raw cotton by way of ginning and then pressing into bails – Telangana AAR.
- Separate GST Registration not required in importing state if imported goods are sold directly from the port of import- AAR Karnataka
Important Notifications and Circulars for the month of February 2022
Every newsletter shall include the calendar for the month. We have highlighted the GST due dates that you need to be aware of for your easy reference!