₹1.01 Lakh Extortion via GPay QR Code: Chhattisgarh HC finds No Grounds to Quash FIR [Read Order]

The Chhattisgarh High Court has dismissed a petition seeking the quashing of an FIR registered against the petitioner in connection with an alleged extortion of ₹1.01 lakh through a Google…

Continue Reading₹1.01 Lakh Extortion via GPay QR Code: Chhattisgarh HC finds No Grounds to Quash FIR [Read Order]

Cancellation of GST Registration Counter-productive to Revenue: Calcutta HC orders Revival of Registration on Payment of all Dues [Read Order]

The Calcutta High Court held that cancellation of GST ( Good and Services Tax ) registration for non-filing of GST returns without any allegation of taxevasion was counter-productive to revenue interests…

Continue ReadingCancellation of GST Registration Counter-productive to Revenue: Calcutta HC orders Revival of Registration on Payment of all Dues [Read Order]

GST Dept cannot Recover Demand prior to Expiry of Statutory Period for Filing Appeal: Calcutta HC says Dept Committed ‘Grave Error’ [Read Order]

Calling it a “grave error” on part of the GST ( Goods and Services Tax ) authorities, the Calcutta High Court has held that the department cannot recover an entire tax…

Continue ReadingGST Dept cannot Recover Demand prior to Expiry of Statutory Period for Filing Appeal: Calcutta HC says Dept Committed ‘Grave Error’ [Read Order]

GST Relief for Used Machinery Dealers: Gujarat AAR Allows Margin Scheme for Second-Hand Goods Under Same Registration [Read Order]

In a significant decision, the Gujarat Authority for Advance Ruling (AAR) has provided clarity on the applicability of the margin scheme under GST for dealers of second-hand machinery. The ruling allows businesses…

Continue ReadingGST Relief for Used Machinery Dealers: Gujarat AAR Allows Margin Scheme for Second-Hand Goods Under Same Registration [Read Order]

No 12% GST for Rice Husk Boards! AAR Rejects Vegan Wood’s Classification Under Wood Chapter, Cites Missing Lab Reports & Documentation [Read Order]

In a setback for manufacturers of eco-friendly building materials, the Gujarat Authority for Advance Ruling (AAR) has denied 12% GST classification to rice husk boards under the wood products category, citing insufficient…

Continue ReadingNo 12% GST for Rice Husk Boards! AAR Rejects Vegan Wood’s Classification Under Wood Chapter, Cites Missing Lab Reports & Documentation [Read Order]

Karnataka HC Orders Expeditious Disposal of GST Appeals on ₹2.3 Crore Demand Amid Allegations of Coercion & Threat by Officials [Read Order]

The Dharwad Bench of the Karnataka High Court recently directed the Joint Commissioner of Commercial Taxes (Appeals), Belagavi to expedite adjudication in two Goods and Services Tax Appeals concerning a penalty demand…

Continue ReadingKarnataka HC Orders Expeditious Disposal of GST Appeals on ₹2.3 Crore Demand Amid Allegations of Coercion & Threat by Officials [Read Order]

India Imposes Port Restrictions on Imports of Certain Goods from Bangladesh [Read Notification]

The Ministry of Commerce and Industry, through the Directorate General of Foreign Trade (DGFT), issued Notification No. 24/2025-DGFT dated 11 August 2025, announcing new restrictions on the import of certain goods from Bangladesh.…

Continue ReadingIndia Imposes Port Restrictions on Imports of Certain Goods from Bangladesh [Read Notification]

Updated Income Tax Bill tabled at Lok Sabha: No Changes to “Accountant” Definition [Read Bill]

Finance Minister Nirmala Sitharaman today introduced the Income-tax (No. 2) Bill, 2025 in the Lok Sabha, replacing the earlier February draft that the government withdrew last week. The revised draft carries…

Continue ReadingUpdated Income Tax Bill tabled at Lok Sabha: No Changes to “Accountant” Definition [Read Bill]

Hitting the Bull’s Eye: An attempt to Curb Illegit Black Money practice of purchase of Agricultural Land

In India, one of the most popular methods to legitimize unaccounted cash (black money) has been to indulge in transaction of purchase of an agricultural land (or farmland) at a…

Continue ReadingHitting the Bull’s Eye: An attempt to Curb Illegit Black Money practice of purchase of Agricultural Land