Supreme Court Upholds Section 16(2)(c) — What Every GST-Registered Buyer Must Know Now
Hon. Supreme Court has closed the door on the “honest buyer” defence. Here’s what changes for your ITC…
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Corporate Guarantees Without Consideration — Not a Taxable Supply Under GSTBombay High Court Clarifies the Law | Writ Petition No. 2087 of 2025
The Facts M/s. DP Jain & Co. Infrastructure Private Limited, a highway construction company, had provided unconditional corporate…
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Union Budget 2026: Direct & Indirect Tax – Key Changes Announced
Introduction The Union Budget 2026-27 introduces direct and indirect tax changes aimed at simplifying compliance, encouraging investment, and…
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FAQs: Incentive Schemes for Gems & Jewellery Exporters under Foreign Trade Policy (FTP) 2023
Introduction: The Foreign Trade Policy (FTP) offers several incentive schemes tailored for India’s Gems & Jewellery sector, including…
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E-Way Bill Master guide cum SOP
Introduction The E-Way Bill (EWB) mechanism under GST serves as a compliance tool to track the movement of…
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Detention of Jewellery Justified Due to Discrepancies in Official Records
Calcutta High Court Ruling –Dia Gold Jewels (P.) Ltd. vs. Principal Commissioner of Income-taxCitation: [2025] 173 taxmann.com 386…
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Standardized Guidelines for Processing of GST Registration Applications
🔰 Summary of CBIC Instruction No. 03/2025-GST dated 17th April 2025 Purpose of the Instruction: To standardize procedures…
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Taxation of Bogus Purchases under Section 69C of Income Tax
Judicial Trends and Compliance Strategies I. Understanding the Issue: What Constitutes a Bogus Purchase? In taxation, one recurring…
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Financial & Other Incentives for a Waste – Upcycling Startup
Summarizes financial and other supports to start-up in Gujarat Introduction A newly incorporated DPIIT-recognized startup in Gujarat focused…
