"CA Santosh Dhumal, Practicing Chartered accountant In Navi Mumbai. over 9 years of extensive experience in GST audits, consulting, and advisory. He is renowned for his insightful analysis of GST provisions, procedural compliance, and recent legal updates, regularly contributing to TaxGuru and other professional platforms. With a strong foundation in statutory compliance and advisory. "
The GST law provides a limited window to rectify reporting errors relating to FY 2025-26. Timely corrections can help businesses avoid ITC loss, interest liability, and future disputes.
The Supreme Court refused to interfere with the Bombay High Court ruling that transfer of MIDC leasehold rights amounts to transfer of benefits arising from immovable property and is not liable to GST. The judgment also held that such assignment is not a supply of services under the CGST Act.
GSTN has announced mandatory capture of Ship-To GSTIN in Bill-To/Ship-To transactions under the EWB system. The change aims to improve data accuracy and traceability of goods movement.
In case of corporate guarantee, “No consideration- no tax liability under GST” Bombay High court. In the recent case of M/s. D P Jain & Co. Infrastructure Private Limited vs Union of India and others Bombay High Courtheld that, In case of corporate guarantee, There was no flow of consideration for the rendering of services, […]
IGST refunds are not available when exports are made under LUT/Bond without tax payment. The clarification highlights eligibility conditions and prevents incorrect refund claims.
The issue was classification of services as intermediary leading to denial of export benefits. Courts held that services provided on own account are not intermediary, ensuring export eligibility.
The amendment shifts place of supply to the recipient’s location. This impacts export eligibility and RCM applicability based on time of supply.
The Court held that failure to consider a filed reply invalidates the assessment. The matter was remitted for fresh adjudication with hearing opportunity.
Courts are divided on whether GST authorities can club multiple financial years into a single show cause notice. Many rulings emphasize that each tax period must be assessed separately to protect limitation rules and taxpayer rights.
A comprehensive guide to critical GST actions before 31 March 2026, including LUT filing, ITC reconciliation, and scheme selections. The key takeaway: timely year-end compliance prevents interest, penalties, and recovery risks.
