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Latest update 22.05.2025

A. Update/ Article GST Portal downtime 22.05.25 GSTN is taking downtime on 22.05.2025 at 12 am untill 4:30 am to enhance services on the GST portal. Refund should not be credited to the Electronic Credit Ledger of a taxpayer whose business is no longer operational The Hon’ble Calcutta High Court ...

Latest update 21.05.2025

A. Article GST Registration cannot be cancelled without proper verification of the supporting evidence by CA Bimal Jain The Hon’ble Orissa High Court in M/s. Jay Jagannath Filling Station set aside the GST Registration Cancellation Order as the documents submitted by the Assessee demonstrated that they were existing and carrying ...

Latest update 20.05.2025

A. Amendment DGFT Notif. 8/2025-26 dt 19.05.2025 DGFT issued Notification No. 8/2025-26 dated 19.05.2025 regarding Amendment in Import Policy and Policy Conditions of specific ITC (HS) codes under Chapter 71 of Schedule –I (Import Policy) of ITC (HS) 2022 in sync with the Finance Act 2025 DGFT Notif. 9/2025-26 dt ...

Latest update 19.05.2025

CBIC celebrates ‘Sundays on Cycle’ – A fitness and GST awareness initiative in run up to completion of 8 years of GST In the run-up to completion of eight years of GST, the Central Board of Indirect Taxes and Customs (CBIC), in coordination with the FIT INDIA Movement, organised a ...

Latest update 18.05.2025

A. Amendment DGFT Notif. 7/2025-26 dt 17.05.2025 DGFT issued Notification No. 7/2025-26 dated 17.05.2025 regarding Port restriction on import of certain goods from Bangladesh to India - Insertion of a new Para 19 under ‘General Notes Regarding Import Policy’ under ITC (HS), 2022 Schedule 1 (Import Policy). B. Article DAY ...

Latest update 17.05.2025

A. Amendment Attention – Advisory on reporting values in Table 3.2 of GSTR-3B GSTN has decided that Table 3.2 shall remain editable for the time being. DGFT-Public Notice No. 07/2025-26 dated 16.05.2025 Directorate General of Foreign Trade (DGFT) issued Public Notice No. 07/2025-26 dated 16.05.2025 regarding Amendments in Standard Input ...

GST Article

Parallel Proceedings are not permissible in the GST regime

The Hon’ble Delhi High Court in the case of Sun Automation Ltd. v. Sales Tax Officer Class II [Writ Petition ...

Regular Bail is granted to Accused in Fake ITC Case amid confessional statement and Trial Delays

The Hon’ble Allahabad High Court in Gaurav & Anr. v. Union of India[W.P.(C) 1505/2024] dated May 21, 2025] allowed regular ...

Order Passed without issuance of Proper Show Cause Notice and without giving an opportunity of being heard is liable to be Quashed

The Hon’ble Gauhati High Court in the case of Ganapati Enterprise v. State of Assam [WP (C) No. 2153 of ...

ITC cannot be denied to the Recipient merely because of retrospective cancellation of supplier’s GSTIN without examination of genuineness of the transaction

The Hon’ble Himachal Pradesh High Court in Himalaya Communication Pvt. Ltd. v. Union of India & Ors. [CWP No.8809 of ...

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GST Book

In the digital world where law is available on mobile/laptop the need of physical book still arises on various occasions and so is the reason the authors are putting lot of efforts in writing them. Visit the book section and pick one or all of them for your reading, tax practice etc.

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GST in Media

₹34 crore GST scam uncovered in MP

In a major action against a GST scam, the Madhya Pradesh Economic Offences Wing (EOW) has busted a gang involved in a massive Rs 34 crore input tax credit fraud. The gang allegedly created fake firms using personal documents obtained under the pretext of processing loans. The mastermind, identified as ...

GST Notices Trigger Alarm in Real Estate: FAR Transactions in UP under Scrutiny

The Uttar Pradesh GST department has issued notices to more than 500 real estate developers across cities including Lucknow, Agra, Kanpur, Aligarh, Noida, and Meerut. Authorities are demanding detailed information on the purchase of Floor Area Ratio (FAR) from development authorities dating back to July 1, 2017, due to uncertainty over whether these transactions attract ...

Income Tax in Media

Paid tax abroad? Here’s how to claim foreign tax credit in India

Foreign tax credit, or FTC, is a key provision in international taxation that helps residents avoid double taxation. When a ...

17/06/2025 / Income Tax, Income Tax in Media, tax on foreign income

Advance tax deadline is on Sunday June 15, can you pay it on Monday June 16 without any penal interest?

Those who have an income tax liability of more than Rs 10,000 need to discharge this tax liability by paying advance tax through four scheduled installments ...

15/06/2025 / advance tax, Income Tax, Income Tax in Media

Income Tax Department investigating evasion from crypto assets

The Income Tax Department is investigating tax evasion and laundering of unaccounted income by high-risk persons through investments in virtual ...

15/06/2025 / Crypto currency, GST evasion, Income Tax, Income Tax in Media

FM to review CBIC and CBDT performance; Refund delays, vigilance pendency in focus in June

In a high-level performance review scheduled over two days, Finance Minister Nirmala Sitharaman is slated to hold meetings this month ...

15/06/2025 / GST, GST in Media, Income Tax, Income Tax in Media, Performance review

ITR 2025: These rules govern the switching of income tax regime from new to old

Since the new tax regime is the default tax regime, filing income tax return (ITR) under the old regime would ...

13/06/2025 / Income Tax, Income Tax in Media, income tax return filing, old regime vs new regime IT

GST Notes

CGST Act / IGST Act/Circular etc. is presented in simple language in Q&As format to make dealers, professionals, taxman, academicians, students etc. understand the GST laws in simple manner. There are 700+ slides under various chapters for your reading and enriching knowledge.

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