27 Jun, 2025
GST Portal Notices Why You Must Stay Alert, As Per Delhi High Court The Delhi High Court has made it clear — taxpayers cannot blame the department for missing notices uploaded on the GST portal. In a recent ruling, the Court emphasized that it is the responsibility of the taxpayer to regularly check for GST […]
Read More27 Jun, 2025
₹95k Cr Surplus in GST Compensation Fund What It Means for You The ₹95,000 crore surplus in GST Compensation Fund is now sparking major debates among policymakers and taxpayers. As per recent data, GST cess collections have outpaced the compensation payable to states — but how did this happen, and what’s next? Let’s break it […]
Read More26 Jun, 2025
Tax evasion whistleblower rewarded after 29 years: ₹19.44 lakh for exposing nexus In a rare but noteworthy development, the Central Board of Direct Taxes (CBDT) has rewarded a tax evasion whistleblower ₹19.44 lakh — 29 years after he exposed a massive nexus involving income concealment. This case offers a glimpse into how India’s tax informant […]
Read More26 Jun, 2025
Why Karnataka’s Tax Devolution Share Is in the Spotlight Karnataka Chief Minister Siddaramaiah has reignited the debate on tax devolution anomaly, claiming the state is being unfairly treated in the Finance Commission’s fund-sharing formula. In response, Finance Minister Nirmala Sitharaman has agreed to look into the issue — a rare acknowledgment that could impact how […]
Read More26 Jun, 2025
Whistleblowers Against Tax Evaders HC Says “Reward Must Match Risk” Tax informer reward rules are back in focus after a recent High Court judgment that strongly emphasized fair compensation for individuals who risk their safety to report serious tax evasion. Let’s break it down. What Are Tax Informer Reward Rules? The CBDT (Central Board of […]
Read More26 Jun, 2025
Summary Exporters are no longer restricted to Special Economic Zones (SEZs) in India. FM Nirmala Sitharaman announced that they can now export from any location, streamlining operations and reducing compliance burdens for businesses. Exporters Can Now Operate Outside SEZs: FM Sitharaman In a major announcement aimed at liberalising trade and boosting India’s exports, Finance Minister […]
Read More26 Jun, 2025
Excise Tax Surprise Check in Patiala: What It Means for You In a major compliance move, Punjab Finance Minister Harpal Singh Cheema conducted a surprise inspection of the Excise & Taxation Department head office in Patiala on June 25, 2025. The unannounced visit exposed significant lapses in staff attendance, document verification, and internal control systems. […]
Read More26 Jun, 2025
Electricity Supply Without Use Not Taxable Karnataka HC Decision Explained Is electricity taxed even if you don’t consume it? The Karnataka High Court recently clarified that electricity supply without use cannot be considered a ‘sale’ and hence is not taxable. This ruling protects consumers—especially industries and commercial establishments—from being unfairly taxed on minimum fixed charges, […]
Read More26 Jun, 2025
Intro:GST order cannot copy assessee’s reply without analysis—this key takeaway comes from a recent Madras High Court ruling, which quashed a Section 74 order under CGST Act. The judgment sets an important precedent for GST assessments and adjudication standards in India. What Was the Case About? In this case, the taxpayer challenged a GST order […]
Read More26 Jun, 2025
DGFT Amends Authorized Agency Details: SRTEPC Now MATEXIL for CoO Issuance The Directorate General of Foreign Trade (DGFT) has notified a change in the authorized agency for issuing Certificates of Origin (CoO) under various trade agreements. This change has been published via Public Notice No. 11/2025 dated 24.06.2025 and will impact exporters using SRTEPC for […]
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