Interest on Delayed GST Computed from Original GSTR-3B Due Dates to Payment Date. Issue What is the correct methodology for computing interest under Section 50 of the CGST Act on a tax liability (discovered during GSTR-9 filing) that was paid at a later date? Specifically, should the interest be calculated from the original GSTR-3B due… Read More »
HC Stays Refund Recovery, Will Examine if Section 74 Can Reopen Finalized Refund Orders. Issue Whether the GST department can initiate proceedings under Section 74 (fraud, misstatement, etc.) to recover a refund that has already been sanctioned under Section 54, or if the department is legally bound to challenge the finalized refund order only through… Read More »
Bajaj to Tweak KTM, Triumph Range to Meet GST Benefits Issue: Bajaj Auto faces a tax disadvantage on its mid-to-high capacity motorcycle range (KTM and Triumph) because the engine displacement of popular models is slightly above the 350cc threshold, causing them to attract the highest GST slab instead of the concessional rate. Facts: The recent… Read More »
Supreme Court: Sale of Immovable Property is Not a Service Issue: Whether the sale and transfer of title in immovable property, particularly raw land, should be classified as a taxable ‘real estate agent’ service under the Finance Act, 1994 (Service Tax regime), thereby attracting service tax liability. Facts: The appeal was filed by the… Read More »
Anti-Profiteering Case Dismissed as DGAP Consistently Found No Contravention. Issue Whether anti-profiteering proceedings under Section 171 of the CGST Act should be dropped when the investigating authority (DGAP), despite repeated investigations ordered by higher authorities (NAA/CCI), consistently finds that the taxpayer has not contravened the law. Facts An investigation was initiated against the respondent (assessee)… Read More »
HC Quashes Ex Parte Order; Sole Reliance on Portal Upload is an “Empty Formality”. Issue Whether an ex parte assessment order is legally valid if the Show Cause Notice (SCN) was only uploaded to the “View Additional Notice and Orders” tab on the GST portal (and not the main notices tab), and no personal hearing… Read More »
Department of Financial Services (DFS) launches Start-up Common Application Journey on Jan Samarth Portal The portal provides a digital platform for startups to access credit across all PSBs Posted On: 12 NOV 2025 5:14PM by PIB Delhi The Department of Financial Services (DFS), Ministry of Finance, has launched the Startup Common Application Journey on the… Read More »
Cabinet approves Credit Guarantee Scheme for Exporters (CGSE) Posted On: 12 NOV 2025 8:25PM by PIB Delhi The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi today approved introduction of Credit Guarantee Scheme for Exporters (CGSE) for providing 100% credit guarantee coverage by National Credit Guarantee Trustee Company Limited (NCGTC) to Member Lending… Read More »
HC: Writ Against 148A(d) Order is Maintainable Despite Alternative Appeal Remedy. Issue Whether a High Court is barred from exercising its discretionary writ jurisdiction under Article 226 of the Constitution to entertain a challenge against an order passed under Section 148A(d) of the Income-tax Act, given that a statutory appeal against such an order is… Read More »
Section 40(a)(ia) Applies Only to Claimed Deductions, Not to Capitalized Expenditure. Issue Can an Assessing Officer (AO), during summary processing under Section 143(1)(a), make a disallowance under Section 40(a)(ia) for non-deduction of TDS on an expenditure that the assessee has capitalized and has not claimed as a revenue deduction? Facts The assessee filed its return… Read More »