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Wheat Flour Export Authorisation: Eligibility & Application Process (HS 1101)

January 20, 2026 495 Views 0 comment Print

The notification sets out eligibility, documentation, and quota procedures for wheat flour exports. The key takeaway is that exports are now permitted only through a tightly regulated authorisation process.

DPDP Act 2023- An Overview

January 20, 2026 417 Views 0 comment Print

This piece explains how the new law reshapes digital privacy by defining consent, user rights, and strict penalties. The key takeaway is that individuals gain enforceable control over their digital personal data.

Impact of GIFT IFSC on Cross-Border Capital Mobility

January 20, 2026 222 Views 0 comment Print

The case examines how a ring-fenced international financial zone enables freer movement of global capital while preserving domestic stability.

Karnataka GST Appellate Tribunal Now Operational in Bengaluru With Two State Benches

January 20, 2026 828 Views 0 comment Print

Karnataka now has two functional GSTAT State Benches in Bengaluru. The key takeaway is that taxpayers can finally file second appeals against CGST and KGST orders.

Foreign Speaker Payments for Leadership Summit Not Event Management Service: SC

January 20, 2026 159 Views 0 comment Print

The Court held that booking speakers for an event does not amount to event management. Participation or facilitation alone cannot attract service tax under the event management category.

SC Ruling Puts GST Appellate Tribunal Framework at Risk

January 20, 2026 435 Views 0 comment Print

The Court struck down key tribunal reform provisions, holding that reintroducing invalidated clauses is unconstitutional, directly impacting the design and functioning of GSTAT.

Stronger Custodians, Safer Markets: Decoding SEBI’s 2025 Amendments

January 20, 2026 210 Views 0 comment Print

The 2025 amendments strengthen the custodial framework by raising capital requirements and tightening governance norms. Custodians must now follow clearer accountability and risk management standards to safeguard investor assets.

Can Penalty be Levied on Delayed Annual GST Return?

January 20, 2026 16914 Views 2 comments Print

The court held that once late fee is imposed for delayed annual return filing, a further general penalty is not permissible. Section 125 applies only where no specific penalty exists.

Excess Stock ≠ Confiscation: SC Settles GST Section 130 Misuse Debate

January 20, 2026 3078 Views 0 comment Print

The Supreme Court upheld that mere excess stock found during inspection is insufficient for confiscation under Section 130. Tax must be assessed through Section 35(6) read with Sections 73 or 74, ensuring due process.

ICEGATE, ECCS & ACES–GST portal Declared Critical Infrastructure Under IT Act

January 19, 2026 765 Views 0 comment Print

The issue was whether India’s tax and customs platforms require national-security-level protection. The government held that ICEGATE, ECCS, and ACES–GST qualify as Critical Information Infrastructure, mandating stricter cybersecurity and access controls.

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