GST, Zero-Rated Supplies, and a Refund Roadblock The Goods and Services Tax (GST) regime in India was designed to simplify indirect taxation, especially for businesses engaged in cross-border trade. One…
Why GST Compliance Is No Longer Just a Seller’s Problem GST compliance in India has always been a two-way street, but the recent Allahabad High Court judgment in Surender Gupta…
Picture this: your truck, loaded with goods, is stopped at a checkpoint. The GST officer asks for documents. Maybe there’s a missing e-way bill, or a minor mismatch in the…
Section 263 and the Supreme Court’s New Guardrails: A Fresh Look at Revisionary Powers Section 263 of the Income Tax Act, 1961 has long been a double-edged sword in the…
Picture a scenario where a single approving authority is expected to review and sign off on 85 complex tax assessment orders in just one day. Can genuine scrutiny and independent…
For years, the real estate sector in India has wrestled with a persistent question: Does GST apply to the sale of an under-construction property if the buyer acquires it “as…
Rule 96(10) of the Central Goods and Services Tax (CGST) Rules, 2017, placed restrictions on exporters from claiming refunds on Integrated Goods and Services Tax (IGST) paid on exports. This…
Overview of the Delhi High Court Ruling on Permanent Establishments The Delhi High Court (HC) recently issued an important ruling regarding Permanent Establishments (PEs), specifically addressing the issue of profit…
Introduction to ITAT The Income Tax Appellate Tribunal (ITAT) is a quasi-judicial body in India that handles appeals against orders passed by income tax authorities. It plays a crucial role…
Tax Deducted at Source (TDS) is a mechanism within the Goods and Services Tax (GST) framework in India designed to collect tax at the source of the transaction. This concept…
Interest waivers play a crucial role in tax administration by offering relief to taxpayers facing genuine hardships while encouraging compliance with tax laws. When taxpayers fail to meet their tax…
What is e-Invoicing? E-invoicing is a system where businesses electronically generate and authenticate invoices in a standard format on a designated portal. This process ensures real-time tracking of invoices and…