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GST Implications on Commission Income for Agents and Brokers: An In-Depth Analysis
Overview of Commission Income and its TreatmentCommission Earnings under Income Tax LawsFor agents and brokers, commissions comprise business or professional income, governed by Section 28 of the Inco...
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Understanding Section 14 of the CGST Act: Application of Revised Tax Rates
Overview: Section 14 and Its SignificanceSection 14 of the Central Goods and Services Tax Act, 2017 is a special provision that addresses the determination of the applicable GST rate when there is a r...
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Essential Steps for Accurate Filing of Annual GST Returns (GSTR-9 & GSTR-9C)
As the deadline for submitting Annual GST Returns in Forms GSTR-9 and GSTR-9C for the financial year 2024-25 draws near, assessees need to exercise heightened diligence to ensure precise, compliant, a...
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Boundaries of GST Demand Orders: Mandatory Compliance with Show Cause Notice
OverviewThe Indian Goods and Services Tax (GST) regime is founded on core principles of procedural justice, ensuring that all actions by tax authorities align with codified legal processes. A cornerst...
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Obligation to Pass on GST Rate Cuts: Section 54(11) and Anti-Profiteering under Section 171 – A Comprehensive Analysis
IntroductionThe Delhi Bench of the GST Appellate Tribunal (GSTAT), in its decision dated August 18, 2025, reaffirmed the anti-profiteering mandate by ruling against Raj & Co., a distributor of L’Oreal...
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GST Treatment of Corporate Guarantees - Contemporary Analysis & Implementation Guidelines
1. Overview and BackgroundThis comprehensive analysis examines the Goods and Services Tax implications on corporate guarantees within the Indian taxation framework. The discussion encompasses contempo...
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56th GST Council Meeting: Paving the Way for Substantial GST Overhaul?
Overview of the 56th GST Council Meeting(i) Introduction and SignificanceThe upcoming 56th meeting of the GST Council, scheduled for September 3 and 4, 2025, is widely anticipated as a pivotal event i...
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GST 2.0: Anticipating a Paradigm Shift in India’s Indirect Tax System
Introduction: The Threshold of GST 2.0The 56th meeting of the GST Council, scheduled for September 3-4, 2025, in New Delhi, is anticipated to be a milestone in the evolution of India’s indirect taxati...
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India’s Approach to GST Rate Rationalization: Readiness and Implications
Introduction: India’s Vision for Tax ReformsOn August 15, 2025, during India’s 79th Independence Day celebration, Prime Minister Narendra Modi articulated a forward-thinking vision for a self-reliant...
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Supreme Court Clarifies the Boundaries: No Parallel GST Proceedings After Show Cause Notice
OverviewGST Compliance and Judicial RulingThe Supreme Court, in the landmark case of Armour Security (India) Ltd. v. Commissioner, CGST, Delhi East Commissionerate [2025] 177 taxmann.com 478 (SC), has...
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Restriction on GST Seizure Powers: Supreme Court Clarifies Scope to Goods Tied to Tax Evasion, Not Merely Unaccounted Assets
Background and Judicial History(i) Case OverviewIn the matter of Commissioner of CGST v. Deepak Khandelwal, the Supreme Court of India reaffirmed its previous stance by rejecting a review petition, th...
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GST Implications on Employee Accommodation Provided Through Third Parties: Eligibility for ITC and Taxability
Overview of the Advance Rulingi. Recent Ruling by Gujarat AAR(a) The Gujarat Authority for Advance Ruling (AAR), in the case of Suzuki Motor Gujarat Pvt. Ltd. [Advance Ruling No: GUJ/GAAR/R/2025/29, d...
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Disallowed Input Tax Credit (ITC) as per Section 17(5) of the CGST Act, 2017
Overview and Context of Section 17(5) Restrictions(i) Introduction to ITC Eligibility and RestrictionsThe Central Goods and Services Tax Act, 2017, under Section 17(5), lays down specific scenarios in...
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Comprehensive Guide to GST DRC-01A Intimations Under Sections 73, 74, and 74A
Overview of DRC-01A Intimation ProcessThe GST DRC-01A is a preliminary intimation communicated by a GST officer to an assessee regarding various tax discrepancies such as non-payment, short payment, e...
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GST Rate Rationalisation and the Inverted Duty Structure: Business Implications and the Ongoing Debate on Refunds
OverviewThe Indian government has recently signaled its intention to streamline the Goods and Services Tax (GST) rate structure. The objective is to simplify tax compliance, expand the taxpayer base,...
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GST on Canteen Facilities Offered by Employers to Employees: Legal Landscape, Disputes, and Compliance Essentials
1. IntroductionA significant number of businesses, especially in sectors such as manufacturing and logistics, extend canteen amenities to their workforce. These services may be managed internally or o...
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Advancements in Technology for GST Inspection, Search, and Seizure
IntroductionThe procedures for inspection, search, and seizure under the Goods and Services Tax (GST) regime in India are primarily regulated by the Central Goods and Services Tax (CGST) Act, 2017. Wh...
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Seamless ITC Transfer Permitted in Inter-State Business Restructuring
Introduction to Inter-State ITC Transfers under GSTRegistered assessees under the GST regime are granted the privilege to shift their unutilized Input Tax Credit (ITC) from their electronic credit led...
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GST Compensation Cess in India: Legal Foundations, Ongoing Debate, and the Path Forward
Introduction: The GST Compensation Cess DilemmaThe introduction of Goods and Services Tax (GST) in India in 2017 brought forth the GST Compensation Cess, a special levy on luxury and ‘sin’ goods. Desi...
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Transformation of Online Gaming Taxation in India: Impact of the 2025 Bill
Overview of India’s Approach to Online Gaming TaxationIndia’s regulatory and fiscal framework has traditionally conveyed a clear message of discouragement towards online gaming.Assessees involved in o...