GSTAT held that claims of increased royalty, rent, and commissions were unsupported by cogent evidence. The supplier failed to rebut the presumption that GST rate reduction must result in commensurate price cuts.
The Tribunal accepted DGAP findings that total profiteering was ₹5.20 crore, though ₹6.63 crore had already been passed on. Only ₹5.80 lakh remains payable to certain buyers.
CAAR refused to entertain the advance ruling application, holding that classification of roasted areca nuts under Heading 2008 had already been decided by the Madras High Court. The authority invoked the statutory bar under Section 28-I(2).
The Authority held that a car window guide rail is not a machine part under 8479 but a motor vehicle body component under 87082900, based on its sole and principal use.
Step-by-step guide to filing GST appeal under Section 107, covering limitation, pre-deposit, rectification, documents and drafting strategy.
Explains new UAE corporate tax guidance on family foundations, transparency rules, investment activity limits and compliance duties.
Budget 2026 introduces electronic system for lower or nil TDS certificates from 1 April 2026, impacting cash flow, MSMEs and compliance duties.
The article analyses the evolution of taxation from a revenue-raising mechanism to a tool of behavioural influence and examines when fiscal nudging may become coercive. Drawing on Pigouvian economics and behavioural theory, it explains how governments increasingly use taxes to alter consumption patterns, including higher taxes on tobacco, carbon pricing, sugar levies, and luxury goods.
GST Portal enables Rule 14A withdrawal option after GSTR-1 blocking under 3-day registration rule. Taxpayers can now initiate corrective action online.
Blocking of ITC Due to “Non-Genuine” Suppliers – Practical Challenges, Administrative Concerns & Need for Procedural Fairness The GST regime was conceptualised on the promise of seamless flow of input tax credit (ITC). Section 16 of the CGST Act lays down clear conditions for availing credit. However, in practice, a significant number of genuine taxpayers—particularly […]
