GST UPDATE

*Desk of CA. PRAVEEN SHARMA:-* 

Series- *371*.

*GST Updates*

1. E-invoicing ‘soon to be mandated’ for units with over ?10 cr and then to ?5 cr turnover.

2. GST on curd, buttermilk: Farmers, cooperatives fear price hike.

3. TN AAR- The supply of food by the applicant is ‘Supply of Service’ by the applicant to their employees as the same is not a part of the employment contract.

4. CESTAT Ahmedabad - Personal penalty cannot be imposed on the Chairman of the Company for failure in ensuring proper accounting of the goods.

5. L'oreal profiteered ?186 crores by not passing GST benefits to consumers: National Anti-Profiteering Authority.

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