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Archive: 06 July 2025

Posts in 06 July 2025

Live Webinar: GST – Journey, Challenges & Road Ahead by 3 Eminent Speakers

July 16, 2025 3816 Views 0 comment Print

Join TaxGuru’s live GST webinar on 26 July 2025, 6 PM. Experts discuss GST evolution, compliance issues, and reforms. Free on YouTube, open to all.

Court can grant Pardon for Accomplice’s Truthful Testimony Chhattisgarh HC

July 6, 2025 153 Views 0 comment Print

Chhattisgarh High Court rules trial courts can pardon accomplices for truthful testimony, even if not in custody, under CrPC Section 307 (BNSS 344).

IBBI Amends Corporate Insolvency Resolution Process

July 6, 2025 279 Views 0 comment Print

The IBBI’s 2025 amendment mandates disclosure of avoidance transactions in information memorandums and restricts their assignment in resolution plans.

Companies (Listing of equity shares in permissible jurisdictions) Amendment Rules, 2025

July 6, 2025 528 Views 0 comment Print

Ministry of Corporate Affairs revises Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024, by substituting Form LEAP – 1.

FSSAI Appoints 24 Fortified Rice Safety Officers

July 6, 2025 189 Views 0 comment Print

FSSAI names 24 Department of Food and Public Distribution officers as Food Safety Officers for Fortified Rice Kernel, effective July 2, 2025.

Cash withdrawn & re-deposited cannot be treated as turnover for profit estimation

July 6, 2025 516 Views 0 comment Print

Jaipur’s Income Tax Appellate Tribunal rules for Sita Ram Saini, stating cash withdrawn and re-deposited cannot be treated as turnover for profit estimation.

India’s GST: 8 Years of Gains & Lingering Pains

July 6, 2025 354 Views 0 comment Print

After 8 years, India’s GST has unified taxes and boosted revenue. Discover its gains, persistent challenges and upcoming reforms for a more mature tax system.

Compounding Repeated Offences under Companies Act, 2013

July 6, 2025 474 Views 0 comment Print

Explore how repeated corporate defaults under India’s Companies Act, 2013, are penalized. Learn about Section 454A’s enhanced penalties and Section 441’s compounding limits, especially three-year bar for similar offenses.

AAR Gujarat denies GST Exemption for School Transport & Catering Services

July 6, 2025 396 Views 0 comment Print

Gujarat AAR rules Protego Services not eligible for GST exemption on student transport and catering as payments were collected directly from students, not the school.

Nil GST applies on Peeled, chopped & packed garlic: AAR Gujarat

July 6, 2025 174 Views 0 comment Print

Gujarat AAR classifies peeled and chopped garlic under HSN 07032000, confirming no GST liability for Purnam Cuisines Pvt Ltd.

No GST on Arbitration Interest & Costs from Pre-GST Contracts: Gujarat AAR

July 6, 2025 801 Views 0 comment Print

 Gujarat AAR rules Shoft Shipyard is not liable for GST on interest and arbitration costs received from a pre-GST contract, as the original supply and related invoice predate the GST regime.

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