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Dear Taxpayers, This advisory is issued to highlight the alternate mechanisms and business continuity plans available for both the e-Invoice and e-Waybill systems. If you have not integrated these alternate mechanisms into your existing systems or are not currently utilising them, GSTN suggest coordinating with your system integrators, IRPs, ERPs, GSPs, or ASPs to enable

The Ministry of Finance in relief for the taxpayer has issued a Notification No. 08/2025 – Central Tax, dated January 23, 2025, exempting late fees u/s 47 of the Central Goods and Services Tax Act, 2017. The same exemption applies to the registered persons who were needed to submit the FORM GSTR-9C (reconciliation statement) along

Through GST Notification No. 07/2025 – Central Tax, dated January 23, 2025, The Ministry of Finance, has announced the changes to the Central Goods and Services Tax (CGST) Rules, 2017. The introduction of Rule 16A is among the prominent updates that ease the issuance of a Temporary Identification Number (TIN) to persons who do not

The Kerala High Court stated that the Commissioner of Income Tax has the authority to review and make changes to tax decisions under Section 263 of the Income Tax Act, 1961. The Division Bench of Justices A.K. Jayasankaran Nambiar and Easwaran S. noted that “The role of the assessing officer under the Income Tax Act,

The Allahabad High Court in a ruling has set aside a Goods and Services Tax (GST) demand order in the absence of a personal hearing, reaffirming the principles of natural justice in taxation matters. The Prakash Iron Store Vs State of U.P. case outlines the significance of furnishing the taxpayers with a fair chance to

The Goods and Services Tax Network ( GSTN ) in an update to the GST portal has made the functionality to input the negative values in GST return GSTR-3B, permitting the taxpayers to show the precise numbers in the months where there were just the sales return transactions and no sales transactions. The latest update

It was held by the Gauhati High Court that Section 69 of the Central Goods and Services Tax Act 2017, which grants the power to arrest a Commissioner under the Act, needs the authority to not only record ‘reasons to believe’ that a taxpayer committed the specified offence but also determine the necessity to arrest.

An umbrella body of the country’s dry fruit traders, The Nuts and Dry Fruits Council of India (NDFC) urged the government to rationalize the import duty on walnuts on a per kg basis, reduce GST to 5 per cent and introduce a production-linked incentive (PLI) scheme for the sector in its pre-budget proposals. India’s dry

The upcoming Union Budget 2025, scheduled for February 1, will be presented by Finance Minister Nirmala Sitharaman, Experts from the industry concerning the “Insurance for All” are anticipating reforms to propel India towards its goal. Increasing insurance penetration and financial inclusion objective announcements are expected by the insurance sector. Policyholders Tax Incentives Enhancement of tax

A tax demand of Rs 6.72 crore has been imposed by the GST authorities on the Oil and Natural Gas Corporation Limited (ONGC), India’s largest oil and gas producer. The company in an exchange filing cited that the demand, which contains recovery of tax, interest, and penalties, relates to the IGST liabilities of the company