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The Madras High Court has directed the proper adjudication on whether a former director can be obligated for the tax arrears of the company and considered the bank attachment issued against him as a show cause notice. A writ petition has been submitted by Subir Ghosh contesting the bank attachment notice dated 29 July 2024 […]
From December 2025, India’s long-awaited GST Appellate Tribunal (GSTAT) is set to begin hearings, which will furnish long-overdue relief for thousands of taxpayers caught in prolonged litigation. More than 14000 GST cases were due as of June 2023 in the States and courts, because of the absence of a functional tribunal. After it is in […]
The Rajasthan High Court has annulled Point No. 2 of Circular No. 181/13/2022-GST, issued on November 10, 2022. This specific point restricted the claims for Input Tax Credit (ITC) related to the inverted duty structure for transactions made before July 18, 2022. A bench comprising Justices Dinesh Mehta and Sangeeta Sharma observed that the clarification […]
The rationale behind the landmark GST reforms of India has been illustrated by Finance Minister Nirmala Sitharaman, citing how categorised disputes lead to litigation, revenue losses, and confusion for both businesses and states. FM Sitharaman, in an interview, revisited the much-debated “popcorn example,” which she said demonstrates the classification difficulties that troubled the earlier GST […]
The Supreme Court of India has rejected a request from the Union of India regarding the refund of unused taxes related to a system where higher tax rates apply to goods that are typically bought rather than sold. The Court pointed out that this matter had already been resolved in a past decision. Furthermore, the […]
The Bombay High Court has ruled that notifications related to the Reverse Charge Mechanism (RCM) that deny Input Tax Credit (ITC) to service providers are legally acceptable. The court stated that these decisions do not violate the rights guaranteed by articles 14 and 19(1)(g) of the Constitution, which are designed to ensure equality and the […]
The Group of Ministers (GoM) met on the GST rate rationalisation has ended with the state finance minister accepting the plan of the centre to lessen the multiple tax slabs. The proposal, placed before, aims to replace the current four rates of 5, 12, 18, and 28 per cent with just two main slabs. Before […]
NAREDCO President G. Hari Babu has appealed to the government to cap GST on building materials at 18 per cent. This recommendation aims to streamline tax burdens in the real estate sector and support industry growth. During the announcement of NAREDCO’s 17th National Convention, the President of NAREDCO emphasised the industry’s ongoing request for the […]
The Government of Karnataka and the Tax Department, addressing rising concerns among small business owners over GST demand notices and compliance, have organised a tax awareness workshop in Bengaluru city. Meera Suresh Pandit, Joint Commissioner of GST, is leading the session, highlighting key issues and clarifying confusion regarding GST demand notices, registration requirements, and compliance […]
