Supreme Court Stays Proceedings in ₹780 Crore GST Notice Against Gaming Company The Supreme Court of India has issued an order staying proceedings concerning a massive Goods and Services Tax (GST) notice of approximately ₹780 crore issued to the online gaming company, Nirdesa Networks. Key Points of the Judicial Action Interim Relief: The stay order… Read More »
GST Rate Cuts: Empowering Manipur’s Economy Across Sectors The recent GST reforms of 2025, primarily featuring rate cuts from 12% or 18% down to a uniform 5% on many local products, are set to drive growth and empower livelihoods in Manipur by boosting affordability and market competitiveness. Key Sectoral Benefits from Rate Reductions Handloom and… Read More »
The time a taxpayer spends pursuing a rectification application must be excluded when calculating the time limit for filing an appeal against the original order. Issue Should the time period during which a taxpayer is bona fide pursuing a rectification application be excluded when computing the statutory limitation period for filing an appeal against the… Read More »
Interest on a delayed GST refund is calculated from the date of the original application, not from the date of a later appellate order. Issue When a GST refund is initially rejected by the adjudicating authority but is later sanctioned upon a successful appeal, from what date does the 60-day interest-free period for paying the… Read More »
Separate GST Registration Mandatory for Importers with Out-of-State Warehouses The article clarifies that importers who store their goods in warehouses located in states other than their primary state of GST registration are mandated to obtain separate GST registration in each of those states. Key Implication of the Rule Distinct Business Establishment: Under the Goods and… Read More »
Amazon Reports 60% Growth in 2-Wheeler Sales Driven by GST Benefits Amazon witnessed a substantial surge in the retail sale of two-wheelers on its platform, with growth reaching 60% following the GST rate rationalization. Key Drivers of the Sales Surge Significant Growth Metric: The e-commerce giant reported a massive 60% year-on-year (YoY) growth in the… Read More »
Bail Rejected for Chartered Accountant in GST Evasion Case The article reports that the bail application of a Chartered Accountant (CA) accused in a Goods and Services Tax (GST) evasion case has been rejected by the relevant court. Key Grounds for Rejection Severity of the Offense: The court denied bail primarily due to the serious… Read More »
GST Rate Cut: Andhra Pradesh Minister Calls It a “Revolutionary Step” to Boost Economy The Excise Minister of Andhra Pradesh praised the recent Goods and Services Tax (GST) rate rationalization as a “revolutionary step” by the Central Government, anticipating a significant boost to the economy. Minister’s Perspective on Economic Impact Boost to Consumption: The Minister… Read More »
“GST Without ITC” Hinders Affordability in Tourism Sector: FHRAI The Federation of Hotel and Restaurant Associations of India (FHRAI) has raised concerns that the recent Goods and Services Tax (GST) rate rationalization for the tourism sector—specifically the structure of GST without Input Tax Credit (ITC)—is counterproductive and negatively impacts affordability and accessibility. The Core… Read More »
GST Reforms Drive Economic Surge in Puducherry: Vehicle Sales Up 35%, FMCG Up 15% The article highlights the significant immediate positive impact of the recent Goods and Services Tax (GST) rate rationalization (GST 2.0) on the economy of Puducherry, specifically in the automotive and Fast-Moving Consumer Goods (FMCG) sectors. Key Economic Surge Indicators Automobile Sector:… Read More »