₹1,050 Price Tag, GST Confusion & Online Sales: A Clothing Vendor’s Daily Puzzle
Introduction: The textile and garment industry is the backbone of India’s MSME sector. Whether you’re a manufacturer in Surat, a trader in Delhi’s Chandni Chowk, or selling shirts online from Tiruppur, one thing is common: dealing with GST compliance isn’t easy. Over the last few years, GST laws have evolved, but for garment vendors — […]
Supreme Court & High Court Judgments on GST Refund Matters
In this blog, we’ll break down some of the most impactful judicial pronouncements on GST refund matters, their implications, and what they mean for taxpayers. In the world of GST Refund are often a lifeline for businesses—especially those involved in exports, inverted duty structures, and other refund-eligible categories. However, the refund mechanism has also been […]
Advisory on Reporting Values in Table 3.2 of GSTR-3B – Effective July 2025
The GSTN has recently reissued an important update regarding Table 3.2 of GSTR-3B, which will impact all registered taxpayers reporting inter-State supplies. Here’s everything you need to know to stay compliant and avoid unnecessary errors or notices. Background – What Was Announced Earlier? As per the advisory dated April 11, 2025, the government had informed […]
How Tax Payments Impact Business Cash Flow
Running a business often feels like juggling a dozen things at once sales, expenses, salaries, vendor payments, and more. But there’s one area many business owners don’t think about until it bites: tax payments. Taxes aren’t just paperwork. They’re actual cash outflows and they can put a real strain on your working capital if you […]
GST Secrets Every Business Must Know About Gifting, Sampling & Events.
Introduction: Business often spend money on free sampling, gifting, and events for customers or employees. These activities help with marketing and employee engagement. However, when it comes to GST, not all such expenses are eligible for claiming Input Tax Credit (ITC). As per Section 17(5) of the CGST Act, some of these expenses are considered […]
GST Refund for IT/ITES Sector – Service Exporters Without Tax Payment
India’s IT and ITES companies play a big role in the country’s economy. Many of these businesses provide services to clients outside India. These are called export of service, and under GST, they can get GST refund on input tax credit (ITC) even if they don’t pay any tax on the export. This blog explains […]
Missed GST Notice? Court Says It’s Not Always Your Fault
Overview In a significant ruling that reinforces the principles of natural justice in tax proceedings, the Madras High Court has set aside a GST assessment order passed against Sri Murugan Agro Service, a proprietary firm based in Villupuram District, Tamil Nadu. The verdict emphasizes the need for proper communication and fair hearing before tax demands […]
Refund on Supplies Returned Post-GST Filing – How to Adjust?
In any business, it’s common for customers to return goods. But what happens when these returns occur after you’ve already filed your GST return? This creates a unique challenge: you’ve paid tax on a supply that is no longer valid. So, can you claim a refund? Or should you adjust it in the next return? […]
Latest CBIC Circulars Impacting GST Refunds (Updated List)
Staying updated with CBIC circulars is essential for businesses claiming GST refunds. The Central Board of Indirect Taxes and Customs (CBIC) regularly issues clarifications to streamline processes, plug loopholes, and address taxpayers’ concerns. In this post, we’ll walk you through the latest CBIC circulars that have a direct impact on GST refunds, with a focus […]
Unmet Hopes of 55th, Big Expectations from 56th GST Council Meet
Introduction: GST impacts us all—whether you’re running a business, buying groceries, or providing services. Every decision the GST Council makes can affect your cash flow, pricing, or compliance efforts. As we approach the 56th GST Council Meeting, there’s a lot of curiosity and even some frustration. Why? Because the 55th meeting left many expected decisions […]