Category: GST
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Understanding GST Registration: Who Needs It and Who Doesn’t
GST registration is the gateway for businesses to legally collect tax from customers and claim input tax credit. But not every business needs to register. The Goods and Services Tax…
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GST on Housing Societies: Law, Logic, Loopholes, and Lessons
Introduction Housing societies, also known as Cooperative Housing Societies (CHS) or Residents Welfare Associations (RWAs), are collective organizations formed by residents of apartment complexes to manage and maintain common infrastructure.…
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A Testament to Anti-Profiteering Compliance under GST – Ireo Waterfront NAA Order
Introduction The Goods and Services Tax (GST) regime in India, since its inception in July 2017, incorporated robust anti-profiteering provisions under Section 171 of the Central Goods and Services Tax…
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GST on UPI Payments above Rs 2000: Myths vs. Facts
Introduction Unified Payments Interface (UPI) has revolutionized digital transactions in India, making payments faster, simpler, and more accessible. Recently, speculations have emerged regarding the applicability of Goods and Services Tax…
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Why F&O Traders Are Getting GST Notices for FY 2023-24: Understanding Your Tax Obligations
Introduction In recent months, thousands of Futures and Options (F&O) traders across India have been receiving GST notices for FY 2023-24, creating significant anxiety in the trading community. These notices…
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Contracts Cannot Override Statues – GST RCM Case
Introduction: A recent High Court judgment has reaffirmed a crucial principle under GST law — statutory liabilities, particularly under Reverse Charge Mechanism (RCM), cannot be bypassed through private contractual agreements.…
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GST Appellate Tribunal (Procedure) Rules, 2025
Introduction The Ministry of Finance, through notification dated April 24, 2025, under section 111 of the Central Goods and Services Tax Act, 2017, has notified the Goods and Services Tax…
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Understanding Section 128A of the CGST Act: Key Updates and Implications for Taxpayers
In recent months, the Central Board of Indirect Taxes and Customs (CBIC) has introduced pivotal updates regarding Section 128A of the Central Goods and Services Tax (CGST) Act, 2017. Aimed…
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New HSN Code Validation Requirements in GSTR-1 from May 2025: What Taxpayers Need to Know!
Introduction The Goods and Services Tax (GST) authorities in India have announced significant changes to how businesses must report Harmonized System of Nomenclature (HSN) codes in their GSTR-1 returns. Effective…
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GST : Updated Refund Filing Process for Key GST Categories
Recent Changes to the GST Refund Application Process The Goods and Services Tax Network (GSTN) has implemented significant modifications to streamline the refund filing process for several important categories. These…
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