Clipped from: https://www.taxscan.in/top-stories/non-monetary-benefits-like-free-gifts-tour-packages-received-by-dealer-from-principal-constitute-supply-under-gst-aar-1439956?TRN300=sEKgzRSDCaUMKvbjhWzMsbWgacZuwuMKebjXwjqxWJxMVdfSyMckJYURKMsACh&LKD333=3272158 The perquisites were found by the Authority to have monetary value and thus be taxable. The Authority for Advance Ruling, Tamil Nadu recently affirmed that
Category: GST
*******S.74 of GST Cannot Be Invoked when No Fraud Alleged: Madras HC Clarifies application of S. 74 [Read Order]
lipped from: https://www.taxscan.in/top-stories/gst-cannot-be-invoked-when-no-fraud-alleged-madras-hc-clarifies-application-1437237?TRN300=CVKgzMSdSAunBdzWwyhMCkGgaCZdGUMkUjgGihMHwjGMeDFcYMSBZiUMbMSaSX&LKD333=3172136 For invoking Section 74, the show-cause notice must clearly articulate which of these elements is alleged, supported by material in the notice itself.
*******From refunds to registrations: How GST changes will reshape compliance for MSMEs from Nov 2025 – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/from-refunds-to-registrations-how-gst-changes-will-reshape-compliance-for-msmes-from-nov-2025-500674-2025-11-03 The proposed and active changes aim to make GST filings faster, more transparent, and less cumbersome — particularly for small taxpayers and exporters.
*******From refunds to registrations: How GST changes will reshape compliance for MSMEs from Nov 2025 – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/from-refunds-to-registrations-how-gst-changes-will-reshape-compliance-for-msmes-from-nov-2025-500674-2025-11-03 The proposed and active changes aim to make GST filings faster, more transparent, and less cumbersome — particularly for small taxpayers and exporters.
*New facility for voluntary correction – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/new-facility-for-voluntary-correctionnbsp-4028318/ The CBIC has introduced the Customs (Voluntary Revision of Entries Post Clearance) Regulations, 2025, effective November 1. This significant trade facilitation reform allows
*CBIC issues rules allowing voluntary correction of customs entries | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/cbic-voluntary-correction-customs-entries-rules-fee-electronic-applications-125103101241_1.html The Board amended the Levy of Fees (Customs Documents) Regulations, 1970 to introduce a ₹1,000 fee for each electronic application filed under the
GST Liability Cannot Be Deferred Due to Non-Reimbursement by Government Department: Madras High Court Allows Installment Relief to Contractor [Read Order]
Clipped from: https://www.taxscan.in/top-stories/gst-liability-cannot-be-deferred-due-to-non-reimbursement-by-government-department-madras-high-court-allows-installment-relief-to-contractor-1435296?transaction_id=cvbGzMSUCAdlbdhXawFMSKGGaSzDwuMKuhxagFlHwJGMvuFsiMcbJiuqbMCACH&link_id=3082976 The Court relied on the 47th GST Council Meeting Minutes revising the rate from 12% to 18%. The Bench of the Madras High
No GST on insurance a loss for policyholders? What the math shows | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/no-gst-on-insurance-a-loss-for-policyholders-what-the-math-shows-125091700975_1.html Policyholders will pay no GST on health and life premiums from September 22, but insurers lose the ability to claim tax credit on
Refund to exporters– likely to depend on categorization as regards risk – News Courtesy BusinessLine
*******Functioning of GST Appellate Tribunal
Clipped from: https://taxguru.in/goods-and-service-tax/functioning-gst-appellate-tribunal.html The Appellate Tribunal is the second level of appeal, where appeals can be filed against the orders-in-appeal passed by the Appellate Authority or
*******In a clear change of strategy, govt turns to tax benefits to boost demand
Clipped from: https://www.business-standard.com/opinion/columns/govt-turns-to-tax-benefits-to-boost-demand-faces-fresh-challenges-125092301396_1.html The ‘Festival of Savings’ appears to be the new policy instrument to revive and sustain growth A major takeaway from Prime Minister Narendra
*******GSTAT launch: One forum for state, Centre GST appeals, says FM Sitharaman | Finance News – Business Standard
lipped from: https://www.business-standard.com/finance/news/gstat-launch-one-forum-for-state-and-centre-gst-appeals-says-fm-125092401381_1.html Sub heading: 4.8 lakh pending appeals to be heard, says GSTAT Head Mishra Calling the GSTAT a “one-stop solution” for taxpayers, Sitharaman said
*******GSTAT rollout from Oct to ease GST litigation and unlock business capital | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/gstat-operationalization-to-unlock-capital-and-ease-gst-litigation-125092401270_1.html The GST Appellate Tribunal will begin phased rollout in October 2025 with digital filing, faster appeals, and backlog clearance to ease GST litigation
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