Delhi High Court Directs Immediate GST Refund to Truth Fashion with Interest
In a significant legal win for MSMEs, the Delhi High Court has ordered the Commissioner of DGST, Delhi, to immediately release a GST refund of ₹18.33 lakh to Truth Fashion, a proprietorship owned by Ms. Sadia. The Court also instructed the authorities to pay interest on the delayed refund, as mandated under Section 56 of […]
GSTR-4 Annual Return Filing Guide for Composition Scheme – FY 2024–25:
Introduction: If you’re a taxpayer under the GST Composition Scheme, your annual compliance doesn’t end with quarterly CMP-08 filings. You must also file the GSTR-4 Annual Return—a crucial summary of your financial year’s activity. Failing to file GSTR-4 may lead to hefty penalties, even if you had no business activity. Whether you’re running a small […]
June 2025 Compliance Checklist: TDS, GST, PF, Advance Tax & More
As we enter June 2025, it’s important for businesses, startups, professionals, and accountants to stay updated with key due dates for tax payments, filings, and statutory compliance. Missing deadlines can lead to penalties, interest charges, and notices from authorities. To help you stay organized, here’s a detailed and simplified list of all important compliance deadlines […]
Late GST Return? You Can’t Be Penalized Twice, Says Madras High Court.
Introduction: If you have filed late GST return , then the penalty under GST law cannot be imposed twice for the same delay, as clarified by the Madras High Court in its recent verdict. The Court cancelled a ₹50,000 penalty imposed on a taxpayer for late filing of the annual return in the case of […]
GST on Garden Expenses for RWAs – A Simple Guide
Maintaining green spaces in housing societies is more than a beautification task—it’s part of everyday upkeep. But when Resident Welfare Associations (RWAs) spend on garden-related items, one question often comes up: Can they claim Input Tax Credit (ITC) under GST? Some believe that such expenses fall under blocked credits as per Section 17(5)(c) of the […]
ITC on Goods Damaged, Destroyed by Fire or Stolen: Complete GST Guide 2025
Introduction Have your goods ever been lost, destroyed in a fire, or stolen during transport? Situations like these affect not just your stock, but also your tax credits. According to Section 17(5)(h) of the GST Act, you cannot claim or retain ITC on goods that are lost, stolen, destroyed, written off, or given away as […]
Sai Ram Enterprises vs DGGI: A Landmark Ruling on ITC Blocking Timelines.
Introduction: The Delhi High Court has provided much-needed clarity on ITC blocking timelines under Rule 86A of the CGST Rules, 2017. In the case of Sai Ram Enterprises v. PR. ADG, DGGI, Gurugram & Anr. [W.P.(C) 5438/2025], the Court held that restrictions on Input Tax Credit (ITC) cannot remain in force beyond one year from […]
Merchant Exports Under GST: Procedure, Benefits, and Compliance
Merchant exports are an essential part of India’s export ecosystem. The GST framework provides several benefits to these exporters by simplifying compliance and reducing tax outflows. This blog explains the key aspects of merchant exports under GST in a way that’s easy to understand. What Are Merchant Exports? A merchant exporter buys goods locally and […]
GST Fraud Case: Key Lessons from Reliable Trading Company vs. DGGI
The Allahabad High Court recently dismissed a major GST-related writ petition. The case involved M/s Reliable Trading Company, accused of wrongly claiming Input Tax Credit (ITC) using fake suppliers. This decision has sparked interest across the business and tax community. Let’s break it down in plain language and explore what it means for you. Quick […]