Section 170A of the Income-tax Act, 1961 was introduced by the Finance Act, 2022 and came into effect from 1 April 2022. Subsequently, it was […]
GST
Inverted Duty Structure under GST: Complete Refund Process Explained
The inverted duty structure arises when the rate of tax on inputs is higher than the rate of tax on outward supplies. This situation creates […]
GST Rules for Builders: Residential Construction Tax Rates and Legal Insights
Goods and Services Tax (GST) on residential construction is an area of significant regulatory attention and policy evolution in India. It refers to the GST […]
GST Input Tax Credit Restrictions: Decoding Blocked Credits Under Section 17(5)
The Goods and Services Tax regime introduced in India in July 2017 brought a unified system of indirect taxation with the aim of eliminating the […]
Examining the Legitimacy of Prosecution Provisions Under GST
A significant legal battle is currently unfolding before the Supreme Court concerning the constitutional validity of arrests made under the Goods and Services Tax framework. […]
Understanding GST on Electric Vehicle Charging Stations
India is among the few countries supporting the global electric vehicle campaign that aims for at least 30 percent of new vehicle sales to be […]
Understanding UIN: The Unique Identity Number in GST
Under the Goods and Services Tax (GST) law, supplies made to entities such as United Nations agencies, foreign embassies, consular posts, and other organizations of […]
High Court Revives GST Registration Based on Single-Signed Visit Note
The matter revolves around the cancellation and subsequent restoration of a Goods and Services Tax registration by the High Court. The case underscores the principles […]
Understanding GST: Essential Concepts for Beginners
The implementation of Goods and Services Tax (GST) on July 1, 2017, marked a significant reform in India’s indirect tax structure. The primary objective was […]
Understanding GST Impact on Flour Mills Operating Under the PDS Scheme
Under previous indirect tax laws, flour mills operating under the Public Distribution System (PDS) scheme were exempt from tax on their supplies. However, with the […]
GST and Real Estate: Understanding the Impact on Property Deals
It is incorrect to assume that GST cannot apply to transactions involving immovable property. A useful perspective can be found in the case of Province […]
Search Powers Under Section 67 of GST – An Extraordinary Measure
Section 67 of the CGST or SGST Act provides that where the proper officer, not below the rank of Joint Commissioner, has reasons to believe […]
GST Registration Explained: Scope and Relevance for Businesses and Individuals
Goods and Services Tax, commonly known as GST, is an indirect tax levied on the supply of goods and services in India. Introduced to simplify […]
Understanding GST Implications on Employee Secondment
The concept of secondment arises when an employee of one organization is temporarily assigned to work for another organization, often within the same corporate group, […]
A Simple Guide to GST Composition Scheme for Small Enterprises
The Goods and Services Tax (GST) in India is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. While GST brought uniformity […]