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The Allahabad High Court has stated that the expiration of an e-way bill due to a vehicle breakdown does not constitute an attempt to evade tax under the Goods and Services Tax (GST) Act. The court has overturned the seizure and penalty orders, emphasising that technical issues arising from unforeseen circumstances should not be viewed […]
The Bombay High Court’s Aurangabad bench, in a relief to the hospitality sector, had delivered an interim stay on the charge of 18% GST on restaurant services situated within hotels where the room tariff surpasses Rs 7,500 per day. The Union of India, the GST Council, and the State of Maharashtra received the notices from […]
The Ministry of Finance, through the Central Board of Direct Taxes (CBDT), has issued two important notifications, No. 151/2025 and No. 152/2025, dated October 15, 2025. These notifications grant income tax exemptions to two entities: the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) and the Rajasthan State Seed and Organic Certification Agency (RSSOCA). Published […]
The Allahabad High Court in Mohini Traders Vs State of U.P. and 2 Others, addressed writ petitions contesting the seizure of goods and the charge of penalties under the GST Act. The applicant, a GST-registered entity, had goods in transit from Aligarh that were intercepted on January 10, 2020, at Jalalpur. Post interception, the applicant […]
The Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance, issued Instruction No. 30/2025 on October 13, 2025. This directive mandates that all Customs and Goods and Services Tax (GST) field formations must utilise the Online Look Out Circular (LOC) Portal for the issuance and management of Look Out Circulars. This […]
Bombay Chartered Accountant Society (BCAS) has urged the Finance Minister, through a representation, to request an extension of the statutory due date for filing the return in Form GSTR-3B and release tax liability for the month/quarter ending September 2025. Because of logistical issues on weekends and major festivals, the same request has been arrvied. Taxpayers […]
The Chhattisgarh High Court has made a significant ruling concerning Bharat Aluminium Company Limited (BALCO) regarding Input Tax Credit (ITC) on Compensation Cess related to imported coal. The court dismissed BALCO’s appeal, stating that the ITC for Compensation Cess is not permissible for electricity generated and supplied to an employee township. The judgment emphasises that […]
Since the government has rolled out the new fraud detection measure to curb the bogus or inflated refund claims, the income tax refunds of India have been reduced this year. As per the official data, between April and October 2025, there is a fall in the refunds issued by approximately 16% year-on-year, slipping from about […]
A revision in the GSTR-9 annual return form has been cited by a tax expert, which has a submission due date of December 31, 2025, for FY 2024-25. There is a revision in Table 6 reporting applies only to the GSTR-9 form. A notable update has been made to GSTR-9 reporting. Two new rows have […]
