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R. Srivatsan, Irs.,

Latest Posts by R. Srivatsan, Irs.,

Central Excise Act 2025: Reshapes Tobacco Taxation Landscape

December 17, 2025 16638 Views 2 comments Print

Discover how the Central Excise (Amendment) Act, 2025 revamps tobacco taxation, introducing steep excise duties on cigarettes, chewing tobacco, and smoking mixtures to boost revenue and promote public health.

No Crossing Boundaries: LoC Trade with PoK is Intra-State Supply Under GST

December 2, 2025 1620 Views 3 comments Print

The Court ruled that trade with PoK falls within India’s taxable territory, attracting CGST and SGST. Key takeaway: PoK is treated as part of India for GST place-of-supply rules.

Credit Notes under GST: The Hidden Deadline Every Business Must Know

November 12, 2025 3714 Views 2 comments Print

Learn why November 30, 2025, is the most crucial date under India’s GST regime. Missing this final lock-in can lead to permanent ITC loss and compliance penalties. Learn why November 30, 2025, is the most crucial date under India’s GST regime. Missing this final lock-in can lead to permanent ITC loss and compliance penalties.

Navigating GST 2.0: Rationalization’s Effects on Paper, Packaging & Printing Industries

October 7, 2025 7197 Views 2 comments Print

India’s GST 2.0 introduced new 5% and 18% slabs. The paper sector saw major shifts: cartons to 5%, notebook paper to 0%, and writing paper to 18%, requiring quick ITC adjustments.

Impact of GST on Asset Management Companies

October 3, 2025 2052 Views 2 comments Print

GST 2.0 (Sept 2025) maintains 18% tax on most AMC management, advisory, and mutual fund services. Securities remain exempt. New rules require ITC reversal for inputs related to newly exempted supplies like insurance services.

One Taxpayer, One Jurisdiction SC Decodes GST’s Cross-Empowerment Puzzle

August 18, 2025 1758 Views 1 comment Print

Explore how the Supreme Court resolves the ‘One Taxpayer, One Jurisdiction SC Decodes GST’s Cross-Empowerment Puzzle’ challenge.

Stem Cell Banking Services: Service Tax Exemption to GST Taxation

July 18, 2025 2526 Views 0 comment Print

SC exempts stem cell banking from service tax in Stemcyte case; GST regime withdraws exemption, making services taxable at 18% from July 2022.

Hard-Locking of Auto-Populated Data in GSTR-3B: A Paradigm Shift in GST Return filing Compliance

June 12, 2025 2889 Views 0 comment Print

GSTN’s new rule hard-locks GSTR-3B auto-populated data from July 2025, requiring GSTR-1/1A for corrections. This aims to boost data consistency and curb tax evasion.

Supreme Court Upholds Pre-Deposit via Electronic Credit Ledger: A Landmark decision in GST Litigation

May 21, 2025 16173 Views 0 comment Print

The Supreme Court of India has ruled that taxpayers can use their Input Tax Credit (ITC) from the Electronic Credit Ledger for mandatory pre-deposits in GST appeals, easing liquidity constraints for businesses.

GST Appellate Tribunal Procedure Rules: A Robust Dispute Resolution Mechanism

May 11, 2025 2577 Views 2 comments Print

Explore GST Appellate Tribunal Rules 2025 for a dedicated tax dispute resolution system, featuring digital filing, structured processes, and expedited case timelines.

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