"Chartered Accountant specializing in GST practice with an unrelenting passion for India's evolving tax landscape. For me, GST isn't merely professional work—it's a dynamic field I'm driven to master. With each amendment, notification, and ruling, my hunger to deepen my expertise intensifies. I thrive on transforming complex GST challenges into practical solutions for businesses, staying ahead of regulatory changes, and continuously expanding my knowledge. My practice is built on the belief that true excellence in GST comes from genuine enthusiasm, not just compliance"
The September 2025 GST rationalisation reduced output tax rates on many products but left input taxes at 18%, creating severe inverted duty structure issues. The article explains how manufacturers are facing blocked ITC and recurring refund dependency.
The issue highlights ITC reversal when suppliers fail to deposit GST despite buyer compliance. The key takeaway is that courts require proof of genuine transactions but offer relief to bona fide buyers.
Courts have held that the two-year limit under Section 54 is not mandatory in all cases. Where the refund claim is genuine, bonafide, and causes no revenue loss, procedural delay cannot defeat substantive rights.
The issue was whether GST applies on amounts deducted as “royalty” from contractors’ bills. It was held that such deductions do not constitute taxable supply and cannot attract GST.
Examines how courts scrutinized GST arrests and bail where tax evasion was inflated through extrapolation. Key takeaway: evidence-based figures matter more than assumptions.
