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.
Explore how the Supreme Court resolves the ‘One Taxpayer, One Jurisdiction SC Decodes GST’s Cross-Empowerment Puzzle’ challenge.
SC exempts stem cell banking from service tax in Stemcyte case; GST regime withdraws exemption, making services taxable at 18% from July 2022.
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.
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.
Explore GST Appellate Tribunal Rules 2025 for a dedicated tax dispute resolution system, featuring digital filing, structured processes, and expedited case timelines.
Kerala HC’s IMA ruling may exempt Resident Welfare Associations from GST on maintenance charges, challenging existing tax frameworks.
Important recent Amendments and Changes in GST which should be noted from April 1, 2025: An Analysis Introduction The Goods and Services Tax (GST) framework continues to evolve as it is about to complete its eighth year of implementation ever since its rollout on 01st July 2017. This set of amendments, though it would have […]
Any person who applies for registration under GST will have to undergo the process of Aadhar Authentication, mandatorily in terms of Section 25 CGST Act 2017 read with Rule 8 of CGST Rules 2017.
Gujarat Chamber of Commerce And Industry & Ors. Vs Union of India & Ors. (Gujarat High Court); R/Special Civil Application No. 11345 of 2023; 03/01/2025 The honourable Gujarat High Court on a very important litigation recently delivered a significant judgment addressing the complex question of liability of Goods and Services Tax (GST), its applicability on […]
