GST Bulletin April 2025
Judicial Updates :-
- Loss in transit of industrial gas, not a supply though ITC need to be reversed
- Classification of Geometry Compass Box as Mixed Supply under GST
- Printing of Pre/Post Examination Materials Treated as ‘Composite Supply’ and Exempt from GST
- When electricity is not captively consumed then ITC on design or installation, not allowed
- Ancillary services provided with renting of Immovable property is part of composite supply even if billed separately
- Differential Refund Under ‘Inverted Duty Structure’ Allowed as Per Modified Formula