20 Jun, 2025
When goods are detained under GST law, businesses often pay the penalty immediately to get their goods released. This article clarifies the legal requirement, backed by government provisions and recent High Court rulings. What is Form GST MOV-09? Form GST MOV-09 is the order of demand of tax and penalty issued under Section 129 of […]
Read More20 Jun, 2025
Cash Credit Account Not Attachable Under MGST Bombay HC Ruling Explained Recently, the Bombay High Court ruled that a cash credit account not attachable under Section 83 of the Maharashtra Goods and Services Tax (MGST) Act, 2017. This is a key relief for businesses facing GST recovery proceedings. Let’s break down this landmark decision and […]
Read More20 Jun, 2025
Introduction The Gujarat GST Law 2025 Amendments have been notified through a state ordinance to keep the state tax law in sync with the Central GST Act changes passed this year. This alignment ensures uniform tax rules across India. Let’s break down what Gujarat taxpayers and businesses need to know. Why Did Gujarat Issue This […]
Read More20 Jun, 2025
Replacing GST Cess What Businesses Must Know Replacing GST cess with new levies may complicate taxes for Indian businesses. The idea, discussed by the GST Council and policy think tanks, is to phase out the compensation cess and introduce targeted levies for sectors like sin goods or luxury products. But is it really a cleaner […]
Read More20 Jun, 2025
Update Bank Account for Income Tax Refund Why It’s Important Every year, lakhs of Indian taxpayers face refund delays simply because their bank account is outdated or not validated with the Income Tax Department. Updating your bank account for income tax refund is crucial to get your money on time. What Does the Income Tax […]
Read More20 Jun, 2025
Draft Income Tax Bill 2025 LLPs May Retain LTCG Benefits India’s Draft Income Tax Bill 2025 proposes several structural updates. A key point for Limited Liability Partnerships (LLPs) is whether they will continue enjoying long-term capital gains (LTCG) tax treatment similar to companies. Here’s what you should know. Background: Why LTCG Benefits Matter for LLPs […]
Read More20 Jun, 2025
Govt Plans Dedicated MSME Zones in Industrial Cities Micro, Small and Medium Enterprises (MSMEs) are the backbone of India’s manufacturing and export sectors. To strengthen this sector, the Government of India plans to set up dedicated MSME zones in industrial cities, focusing on plug-and-play infrastructure, simplified compliance, and access to finance. Why Dedicated MSME Zones […]
Read More20 Jun, 2025
Intro Assam GST Fraud has once again made headlines after officials busted rackets issuing fake invoices worth crores. Such frauds erode government revenue and put honest businesses at risk. This blog breaks down how these scams operate, key legal provisions, and tips to protect your business. How Fake GST Invoices Scam Works Fraudsters exploit loopholes […]
Read More20 Jun, 2025
Intro Have you mistakenly rejected an invoice or debit note on the GST Invoice Matching System (IMS) and already filed GSTR-3B? Don’t panic — this blog explains how to fix wrongly rejected IMS invoices and claim your full Input Tax Credit (ITC) as per GSTN’s latest 19 June 2025 clarification. What GSTN Clarified on 19 […]
Read More19 Jun, 2025
ITC Denied Without Reasoning What the Calcutta HC Said When a taxpayer’s Input Tax Credit (ITC) is denied, the GST law expects officers to record clear reasons. Recently, the Calcutta High Court in Kumudam Publications Pvt Ltd v. State Tax Officer (WP No. 6993(W) of 2024) stayed a GST demand because the officer denied ITC […]
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