16 Jul, 2025
GST Council Meeting August 2025: Key Agenda Likely to Be Discussed The GST Council is likely to convene its next meeting in August 2025, following the conclusion of the Monsoon Session of Parliament. The GST Council Meeting August 2025 is expected to address pending rate rationalisation, key legislative changes from the 53rd Council Meeting, and […]
Read More16 Jul, 2025
Intro:The Madras High Court has ruled that GST time extension notifications under Section 168A cannot override the Supreme Court’s COVID-related exclusion of limitation periods. This decision holds major implications for GST refund claims, adjudications, and appeals filed during the pandemic years. Background: What Is Section 168A of CGST Act? Section 168A was inserted in 2020 […]
Read More16 Jul, 2025
ITAT Ruling on Trust Registration under Section 12AB Trust registration under Section 12AB of the Income Tax Act is crucial for claiming exemption under Sections 11 and 12. But what happens if the application lacks a few documents? Can it be outright rejected? A recent ITAT Chennai Bench ruling brings clarity to this compliance dilemma. […]
Read More16 Jul, 2025
28% GST on Online Gaming: Where the Supreme Court Battle Stands The issue of 28% GST on online gaming is back in the spotlight. On July 25, 2025, the Supreme Court of India will hold a final hearing in the landmark Gameskraft case. At stake: whether online gaming companies must pay 28% GST on full […]
Read More16 Jul, 2025
Milk Processing is Manufacturing: CBEC Clarifies GST Classification The focus keyphrase milk processing GST has sparked debates since the service tax era. But as clarified by the CBEC and upheld in multiple judicial forums, activities like chilling, pasteurising, and packing of milk fall under manufacturing, not business auxiliary service. This blog breaks down the issue […]
Read More16 Jul, 2025
Steel Import Norms Relaxed Key Exemptions from CBIC In a move to simplify logistics and reduce compliance burdens, CBIC has eased steel import norms for integrated steel plants and certain large-volume importers. This step, announced via CBIC Instruction dated 09 July 2025, addresses bottlenecks faced by the steel sector due to testing requirements at ports. […]
Read More16 Jul, 2025
GST Revamp Cleared by PMO: Keyphrase in First 50 WordsThe GST revamp cleared by PMO has set the stage for a potentially transformative 56th GST Council Meeting. With the Prime Minister’s Office giving a go-ahead, expectations are high for structural changes in GST slabs, compliance burden reduction, and dispute resolution reforms. Here’s what taxpayers should […]
Read More16 Jul, 2025
India’s Exports Rise in Q1 FY26 What Taxpayers and Businesses Must Know India’s exports rise by 5.94% in Q1 of FY 2025–26, signalling recovery in global demand and strong domestic performance in key sectors like electronics, pharmaceuticals, and marine products. This growth is not just a trade headline—it’s a sign for exporters, consultants, and small […]
Read More16 Jul, 2025
GST 12% Slab May Go: What It Means for Indian Consumers and Businesses The buzz ahead of the next GST Council meeting is loud — global analysts like Nomura are hinting at a merger of the 12% GST slab. If this happens, it could directly impact the prices of air conditioners, two-wheelers, insurance, and even […]
Read More16 Jul, 2025
Intro:Income Tax Portal issues AY 2025–26 are frustrating many taxpayers this filing season. From e-verification delays to prefill mismatches, the problems are real — especially with the extended due date now set to 15th September 2025 (CBDT Circular No. 06/2025). This guide breaks down the top 5 issues and practical fixes. 1. Form 26AS and […]
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