06 Aug, 2025
Supreme Court Calls for Review of GST on Foreign OIDAR Services The issue of GST on foreign OIDAR services (Online Information and Database Access or Retrieval services) has once again drawn judicial attention. In a significant observation, the Supreme Court recently noted that proper tracking and enforcement of GST compliance by overseas digital service providers […]
Read More05 Aug, 2025
India Plans Support Measures for Exporters Amid Trump Tariff Threat The government is working on support measures for Indian exporters to cushion the potential blow from proposed Trump-era tariff policies, a senior official revealed. As global trade tensions resurface ahead of the 2025 US elections, India’s export sector may face increased pressure—especially in labour-intensive sectors […]
Read More05 Aug, 2025
Massive ₹47.12 Cr GST Fraud Uncovered in Iron & Steel SectorThe focus keyphrase GST fraud in iron sector has again made headlines as CGST Delhi South Commissionerate exposed a fake ITC racket involving iron & steel invoices. The accused fraudulently claimed ₹47.12 crore Input Tax Credit without actual supply of goods. Here’s what happened — […]
Read More05 Aug, 2025
Intro:The debate on lower GST on LIC premium has resurfaced after reports hinted that the Centre may consider rate reduction. With life insurance being a critical savings tool, taxpayers are keen to know if GST relief is finally on the table. Here’s the official word from the Finance Ministry and what it means for you. […]
Read More05 Aug, 2025
GST Evasion of ₹7.08 Trillion What It Means for Taxpayers India has detected a staggering GST evasion of ₹7.08 trillion over the last five years, according to CBIC data. A major chunk—₹1.79 trillion—was due to fake input tax credit (ITC) claims. This crackdown sends a strong signal to businesses: non-compliance is no longer worth the […]
Read More05 Aug, 2025
Who Really Pays Tax in India? If you think only salaried employees pay taxes, think again. In India, every citizen pays tax — directly through income tax or indirectly through GST, excise, fuel surcharge, and more. The real question isn’t who pays, but how much and in what form. Let’s decode the tax burden — […]
Read More05 Aug, 2025
The Health Insurance Tax Trap: What Are You Really Paying For? When you’re taxed 30% on your income and still get no real health coverage, it’s not just unfair — it’s financially draining. Add to that an 18% GST on already expensive insurance premiums, and health insurance feels like a luxury for many. In this […]
Read More05 Aug, 2025
Can Criminal Prosecution Continue if Adjudication Is Set Aside? Yes — criminal prosecution can continue even if the tax adjudication order is quashed, but only when the quashing is based on procedural or technical defects, not on merits. Let’s break this down for Indian taxpayers and professionals. When Does Adjudication Get Set Aside? Criminal Prosecution […]
Read More05 Aug, 2025
Gauhati High Court: DRC-01 Summary Alone Is Not a Valid SCN This landmark decision reinforces taxpayers’ right to fair hearing and procedural compliance under the GST Act. Let’s break down this ruling and what it means for taxpayers, consultants, and GST officers. What is Form GST DRC-01? Key Legal Issue: Can Summary Replace SCN? No. […]
Read More05 Aug, 2025
GST on Online Gaming: Gameskraft Case Enters Day 25 in SC The Gameskraft GST case has become the most watched tax litigation in India’s online gaming industry. On Day 25 of the Supreme Court hearing (August 5, 2025), the Additional Solicitor General (ASG) defended the government’s stand: that gaming platforms supply actionable claims, and are […]
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