"A seasoned Indirect Tax and Finance professional with over 24 years of extensive experience spanning Manufacturing, Services and Consulting industries. Possess deep domain expertise in GST (Goods and Services Tax) and erstwhile Indirect Tax laws such as Central Excise, Service Tax and State-wise VAT/CST, Works Contracts & Entry Tax. Customs laws, along with Export-Import Licensing under DGFT, SEZ, 100% EOU and in addition to it, FDCA, Narcotics and Psychotropic Substances, and State Excise laws (including provisions under the Bombay Prohibition Act). Academic Credentials include M.Com, LL.B. (General & Special) and DBM, forming a strong foundation for both legal and financial interpretation of tax laws. A passionate writer and in-house trainer with a keen interest in authoring books and articles on Indirect Taxes, and frequently engaged in training sessions and knowledge sharing across organizations. "
This explains how IDS refunds work under GST for MOOWR and DTA supplies. The key takeaway is that refunds are limited to input goods ITC under Rule 89(5).
The 56th GST Council (Sept 2025) set the compensation cess to Nil on many imports, lowering costs. However, this GST 2.0 change creates immediate compliance risks and cash-flow issues regarding blocked, unutilized cess ITC balances.
The 56th GST Council Meeting implemented a new three-slab tax structure, correcting inverted duties and lowering rates on essential goods. The changes impact businesses and trade.
A summary of India’s MOOWR scheme, detailing its core features like duty deferment and perpetual licensing, along with its limitations and strategic implications for global manufacturers.
Learn about the new GST exemption for PG and hostel accommodations. This guide covers the key rules, including the Rs. 20,000 monthly rent cap and 90-day minimum stay.
1. Introduction to Duty Credit Scrips (DCS) Duty Credit Scrips (DCS) are export promotion incentives granted by the Government of India under the Foreign Trade Policy (FTP) 2015-20. These scrips are issued under schemes such as: MEIS (Merchandise Exports from India Scheme) SEIS (Service Exports from India Scheme) RoDTEP (Remission of Duties and Taxes on […]
Key highlights of Union Budget 2025-26 on GST, customs, and tax reforms, including input tax credit changes, customs duty reductions, and trade facilitation measures.
Omission of Rule 96(10) under Notification 20/2024-Central Tax offers relief to exporters claiming IGST refunds, easing refund procedures for smoother export operations.
Explore the implications of Rule 96(10) of CGST on IGST refunds for exporters and recent legal developments.
Discover the clarifications on GST applicability to Corporate Guarantees and Director’s Guarantees based on the 52nd GST Council Meeting held on October 7, 2023.
