https://www.taxtmi.com/article/detailed?id=11636 CBIC clarifications dated 17 July 2023 address IGST wrong-availment interest - payable only where aggregate ECL balances of IGST, CGST and SGST/UTGST are insufficient, excluding Compensation Cess - extend GSTR-3B/GSTR-2A reconciliation procedures to 1 April 2019-31 December 2021 while preserving interim caps on additional ITC, allocate TCS liability among multiple e-commerce operators based on who releases payment, confirm non-taxability and no ITC reversal for warranty replacements free during warranty, treat holding of subsidiary shares as non-supply, update refund undertakings and GSTR-2B reliance, require e-invoices for supplies to TDS-registered entities where applicable, and permit ISD or cross-charge for internal service allocation with valuation guidance under Rule 28. en-us Fri, 21 Jul 2023 08:32:17 +0530 Fri, 21 Jul 2023 08:32:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11636 CBIC clarifications dated 17 July 2023 address IGST wrong-availment interest - payable only where aggregate ECL balances of IGST, CGST and SGST/UTGST are insufficient, excluding Compensation Cess - extend GSTR-3B/GSTR-2A reconciliation procedures to 1 April 2019-31 December 2021 while preserving interim caps on additional ITC, allocate TCS liability among multiple e-commerce operators based on who releases payment, confirm non-taxability and no ITC reversal for warranty replacements free during warranty, treat holding of subsidiary shares as non-supply, update refund undertakings and GSTR-2B reliance, require e-invoices for supplies to TDS-registered entities where applicable, and permit ISD or cross-charge for internal service allocation with valuation guidance under Rule 28. Articles Goods and Services Tax - GST Fri, 21 Jul 2023 08:32:17 +0530 https://www.taxtmi.com/article/detailed?id=11636