In recent interactions with taxpayers across sectors, a recurring concern is the intensity of GST compliance oversight. Most of the time, notices arrive often without prior interaction, deadlines feel tighter, and even small compliance gaps can trigger scrutiny from the GST department.
The Goods and Services Tax was introduced with the promise of simplification, uniformity, and certainty. However, for several years after its implementation, GST functioned with a deficiency—the absence of the Goods and Services Tax Appellate Tribunal (GSTAT). A tax system no matter how well designed cannot operate effectively without a credible and accessible dispute resolution mechanism.
The evolution of India’s financial architecture is increasingly defined by the tension between rapid digitisation and the persistent exclusion of a significant portion of the population from formal credit channels.
As we reflect on the supreme law of our land, it is vital to look beyond the celebrations and understand the intricate process of how this monumental document came into effect, the turbulent backdrop against which it was framed, and why it stands distinct in the pantheon of global constitutions.
Coca Cola India Inc. Vs DDIT (ITAT Delhi) ITAT Delhi held that final assessment order passed beyond period of limitation prescribed under section 144C(13) read with section 153 of the Income Tax Act is liable to be quashed and hence set aside. Facts: The present adjudication involves a batch of six appeals pertaining to the same […]
Madhya Pradesh High Court grants anticipatory bail in fraudulent GST ITC case, holding custodial interrogation unnecessary and detention harmful to business.
Introduction of RSP-Based Valuation for Notified Tobacco Products (Effective from 01.02.2026) Introduction – General Principle of GST Valuation Under the GST Act, tax is levied on the transaction value, i.e., the Consideration[1] agreed between the supplier and the recipient for the supply of goods or service Accordingly, GST is computed on the actual price charged […]
Explore the nuances of overseas education facilitators under GST and the distinction between intermediary services and export of services.
Explore the implications of fraud-based GST proceedings against statutory bodies and their governance challenges in this critical analysis.
GST Refund on Education Consultancy Services Post K C Overseas Education: Scope of Section 54 and Limitation – Interplay of Section 54, Explanation (2)(d) and Limitation under the CGST Act, 2017 1. Introduction The judgment of the Supreme Court in K C Overseas Education Pvt. Ltd. has finally settled a long-standing controversy under the Goods […]
