24 Jun, 2025
Introduction CESTAT upholds ₹50K penalty — this recent ruling highlights the accountability of customs brokers when they fail to verify key details like import weight. In this blog, we break down the case facts, legal basis, and practical lessons for Indian importers and brokers. Background: What Happened? The Customs, Excise and Service Tax Appellate Tribunal […]
Read More24 Jun, 2025
ITAT ruling on 12AB registration What NGOs should know The recent ITAT ruling on 12AB registration brings clarity for charitable trusts and NGOs. In 2025 TAXSCAN (ITAT) 1117, the Ujjain-based NGO’s registration rejection under Section 12AB was set aside, and the matter was sent back to the CIT (Exemption). This order highlights how NGOs can […]
Read More24 Jun, 2025
How Form 26AS Helped Win a CESTAT RCM Service Tax Case The focus keyphrase CESTAT RCM Service Tax is at the heart of a recent ruling that offers practical relief for Indian businesses. In a 2025 case [2025 TAXSCAN (CESTAT) 691], the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) set aside a service tax […]
Read More24 Jun, 2025
Can ITC Be Denied for Cancelled GSTIN? In recent times, the issue of ITC denial on cancelled GSTIN has worried many taxpayers. Often, genuine buyers face ITC rejection if the supplier’s GST registration is cancelled retrospectively. Let’s decode this issue with the latest High Court decisions, CBIC stance, and practical steps to protect your Input […]
Read More24 Jun, 2025
CBDT’s New TDS Exemption for IFSC Payments What Taxpayers Need to Know From July 2025, the CBDT has rolled out a major relief — a TDS exemption for payments to International Financial Services Centre (IFSC) units. This move aims to boost India’s global financial competitiveness and ease cross-border transactions. What Is an IFSC Unit? An […]
Read More24 Jun, 2025
What’s New in GST Invoice Rules 2025? GST Invoice Rules 2025 are crucial for businesses and professionals to avoid penalties and maintain compliance. The ICAI Handbook on Invoicing under GST (June 2025 Edition) explains updated rules in simple terms. Let’s break it down for you. Key Changes in GST Invoice Rules 2025 According to the […]
Read More24 Jun, 2025
Resolving Tax Disputes in India FM’s Call for Faster Process Tax Dispute Resolution India is once again in focus. Recently, Finance Minister Nirmala Sitharaman urged top tax officials to simplify tax dispute processes and settle cases faster. This move aims to reduce litigation burden and build trust among honest taxpayers. Why Tax Dispute Resolution Needs […]
Read More24 Jun, 2025
India Inc’s Confidence in GST What the 85% Means for Your Business India Inc’s confidence in GST has touched a record 85% in 2025, according to Deloitte’s latest survey. This number reflects a strong vote of trust in India’s indirect tax system. But what does it mean for you — whether you’re a small business […]
Read More24 Jun, 2025
Introduction CGST Act amendment for ride-hailing firms is in the works, as per official sources. The government wants to remove ambiguity in how GST applies to cab aggregators like Uber and Ola. This move will ensure fair tax compliance and uniform rates for the sector. Why is the CGST Act Being Amended? The ride-hailing sector […]
Read More24 Jun, 2025
Green Hydrogen GST Lower Rate Proposed to Boost Clean Energy India is taking big strides in green energy. A recent government panel has proposed reducing GST on Green Hydrogen to just 5%. This move aims to make clean fuel more affordable and attract investments in India’s green hydrogen mission. Why Slash GST on Green Hydrogen? […]
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