Understanding Appeal Withdrawal under GST Understanding Appeal Withdrawal under GST With the introduction of the Waiver Scheme under Section 128A of the CGST Act, there has been a significant response from taxpayers aiming to settle pending disputes efficiently. Understanding Appeal Withdrawal under GST One key pre-condition for availing benefits under this scheme is that no … Read more
🚨 GST Refund Filing Process Updated GST Refund Filing Process Updated: Invoice-Based System Now Live for Key Refund Categories (Effective May 8, 2025) In a significant move to simplify and digitize the refund filing experience for taxpayers, the Goods and Services Tax Network (GSTN) has introduced key changes in the process of filing refunds under … Read more
Land Acquisition Not Taxable Under GST Karnataka High Court Rules Solatium in Land Acquisition Not Taxable Under GST In a landmark decision, the Karnataka High Court has ruled that solatium—additional compensation awarded to landowners for the emotional and involuntary loss of land—cannot be subjected to Goods and Services Tax (GST). Land Acquisition Not Taxable Under … Read more
GSTR-7 Invoice-Wise Reporting Postponed: GSTN Defers New Functionality for TDS Filers GSTR-7 Invoice-Wise Reporting Postponed: GSTN Defers New Functionality for TDS Filers The Goods and Services Tax Network (GSTN) has released an important update for all TDS deductors under GST. The invoice-wise reporting requirement in Form GSTR-7, which was originally scheduled to be implemented from … Read more
Mandatory HSN Reporting in Table 12 of GSTR-1/1A Effective: May 1st, 2025 Mandatory HSN Reporting in Table 12 of GSTR-1/1A Mandatory HSN Reporting in Table 12 of GSTR-1/1A The Goods and Services Tax Network (GSTN) has been progressively strengthening GST return compliance mechanisms to ensure greater accuracy, transparency, and data validation. One such significant update pertains … Read more
