Explore the detailed analysis of Circular No. 04/2025-Customs on the Single Unified Multi-Purpose Electronic Bond in Customs – Ekal Anubandh.

Explore 7 key initiatives in Union Budget 2025-26 to boost India's exports, streamline processes, and unlock growth opportunities for exporters.

The Union Budget 2025 proposes a retrospective amendment to Section 17(5)(d) of the CGST Act, disallowing ITC on commercial property construction. This change impacts the real estate, warehousing, and leasing sectors, overriding the Supreme Court’s Safari Retreats ruling.

Discover key highlights of the 2025-26 Union Budget, focusing on growth, reforms, taxation, and economic impact. Stay updated on major policy changes and benefits.

The Indian online gaming industry has faced intense scrutiny from the regulatory authorities over the last few years. Recently, the Supreme Court provided temporary relief to the online gaming companies by staying the show cause notices issued by the GST authorities. It is a case of immense implications for the industry, having vital questions put forth with regard to taxation policies and regulatory oversight. Here’s a detailed breakdown of the case and its relevance in the current scenario.

A street-side paani puri vendor has received a Goods and Services Tax notice, which has started yet another debate on compliance obligations for small and unregistered businesses. The notice throws a spotlight on a need for awareness and clarity of tax laws, particularly in regard to micro-entrepreneurs who run informal businesses.

Safari Retreats Pvt. Ltd. vs. Chief Commissioner of Central Goods & Service Tax (2019) was indeed the landmark judgement related to Input Tax Credit on immovable property under the GST regime. This one case brings out high-level discussions about the interpretation and scope of ITC provisions in relation to real estate and immovable property.

High Court quashes the circular deeming Rule 89(5) amendment as prospective, allowing refund claims within 2 years.

The recent amendment to Rule 96(10) of CGST Rules 2017, brought through Notification No. 20/2024, is a significant change for exporters. This update simplifies the process of reclaiming GST refunds. It provides much more comfort in the process. Continue reading this article to understand the substantial shift in approach so that you can better manage your working capital and improve your export activities.

With an aim to improve accuracy and minimize human errors in the GST return filing process, the Goods and Services Tax Network (GSTN) has implemented significant updates regarding the auto-population of values in the GSTR-3B form.

The Indian government announced a new GST amnesty scheme to come into force on November 1, 2024. That one will again bring relief to taxpayers by allowing the waiver of interest and penalty on outstanding GST dues of eligible taxpayers.

The recent ruling made by the Supreme Court on October 3, 2024, sets a new precedent with respect to the Input Tax Credit (ITC) claims as provided for in the Central Goods and Services Tax Act, particularly in Section 17(5)(d).