19 May, 2025
Port Restrictions on Imports from Bangladesh What Indian Businesses Must Know India recently imposed port-specific restrictions on the import of certain goods from Bangladesh. While the move aims to streamline customs control and address misuse of trade routes, it directly affects Indian importers and manufacturers who rely on specific ports. This blog breaks down the […]
Read More19 May, 2025
Gujarat GST Raids What Traders Must Know On May 14–15, 2025, the Gujarat GST Department launched an aggressive enforcement action to curb tax evasion. The GST raids in Gujarat targeted traders dealing in tobacco and utensils—sectors known for high cash transactions and alleged under-invoicing. This blog simplifies the legal and compliance angles behind this operation […]
Read More19 May, 2025
Punjab GST Revenue Dip What It Means for Taxpayers In a significant update, Punjab’s Finance Secretary has raised concerns over declining revenue from GST and state excise. This drop comes at a time when most states are seeing moderate growth in indirect tax collections. The focus keyphrase: Punjab GST revenue dip appears at the core […]
Read More17 May, 2025
This notice, related to the Assessment Year 2021–22, has stirred conversations around corporate tax practices, deductions, and compliance risks. Let’s break it down for Indian taxpayers, consultants, and finance teams. What Is the Tax Demand About? Key Tax Triggers to Watch Based on publicly available updates and past similar cases, here’s what such tax demands […]
Read More17 May, 2025
Telecom Equipment May Face 10% Duty What It Means The Finance Ministry is reportedly considering a 10% customs duty on key telecom equipment, including mobile network components, amid ongoing tax disputes with global suppliers. This move aims to resolve classification issues and pending litigations involving ₹2,500+ crore, especially concerning imports of Base Transceiver Stations (BTS), […]
Read More17 May, 2025
Proper Officer under KGST Act Circular 2025 Explained The Kerala GST Department has issued a new circular clarifying the appointment of the proper officer under the KGST Act, 2017 for various provisions. This move aims to streamline administrative responsibility and eliminate confusion in GST enforcement and compliance procedures. Let’s break down the key highlights for […]
Read More17 May, 2025
₹88 Cr Fake ITC Billing Scam What GST Taxpayers Must Know The GST authorities have busted a massive scam involving fake inter-state input tax credit (ITC) billing worth ₹88 crore. The fraudulent activity, traced to iron and steel traders, involved the generation of fake invoices and GST returns across multiple states. Two individuals have been […]
Read More17 May, 2025
GST Appeal Delay What You Must Know GST appeal delay condonation is a critical issue for taxpayers. Under GST law, strict timelines apply for filing appeals—and once the outer limit is crossed, even the Appellate Authority has no power to condone the delay. This blog explains the legal position with recent High Court observations, practical […]
Read More16 May, 2025
Create Deterrence Among Tax Defaulters What It Means for Indian Taxpayers In a strong message to tax enforcement officers, the State Tax Department has asked for tougher measures to create deterrence among tax defaulters. The move aims to curb habitual evasion and ensure better compliance under GST and state tax laws. Here’s what this means […]
Read More16 May, 2025
Gameskraft GST Case What’s at Stake? The Gameskraft GST case has become a defining moment for India’s online gaming sector. The ₹21,000 crore tax demand hinges on whether playing online games like rummy involves a transfer of actionable claims — a concept borrowed from contract law. On Day 8 of the Supreme Court hearing, Senior […]
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