How to Track Your GST Refund Application Status on the GST and PFMS Portals
Introduction For businesses and taxpayers, tracking GST refund applications is crucial to ensure timely processing and disbursal of funds. The Goods and Services Tax (GST) portal and the Public Financial Management System (PFMS) portal provide mechanisms to monitor the progress of refund applications. This guide will help you navigate both platforms efficiently. Understanding the GST […]
The Importance of Tracking Cash Flow for Business Growth
Cash flow tracking is essential for businesses because it allows them to monitor not only the accounts receivable but also the available capital they have on hand when it is needed. Even if a business appears to be profitable based on a financial report, failure to have adequate available cash will always hinder its day-to-day […]
Delhi High Court’s Landmark Ruling: Clerical Errors in GST Invoices Can’t Deny ITC Claims
Introduction On March 12, 2025, the Delhi High Court delivered a crucial ruling in the case of M/S B Braun Medical India Pvt Ltd v. Union of India & Ors. The judgment addressed the rejection of Input Tax Credit (ITC) due to a clerical error in the supplier’s invoices. The invoices incorrectly mentioned the GSTN […]
Cultivate Inner Peace in Entrepreneurship: Bhagavad Gita 2.65
The Power of Inner Peace in Entrepreneurship Sanskrit Verse: प्रसादे सर्वदुःखानां हानिरस्योपजायते। प्रसन्नचेतसो ह्याशु बुद्धिः पर्यवतिष्ठते।। Translation: “For one who is tranquil, all miseries cease. When the mind is peaceful, the intellect becomes steady and decisive.” Entrepreneurial Insights : The Bhagavad Gita provides a powerful lesson in maintaining inner peace, which directly applies to the […]
The Path to Inner Balance and Success: Bhagavad Gita 2.64
Sanskrit Verse: रागद्वेषवियुक्तैस्तु विषयानिन्द्रियैश्चरन् | आत्मवश्यैर्विधेयात्मा प्रसादमधिगच्छति || Translation: “But a person free from attachment and aversion, who moves among sense objects with self-control and discipline, attains inner peace.” Understanding the Verse In this verse, Krishna emphasizes self-discipline and detachment as the key to inner peace and wisdom. He explains that a balanced individual navigates […]
Understanding GST on Google and Facebook Advertisements in India
In today’s digital marketing landscape, businesses frequently use platforms like Google and Facebook for advertising to reach their target audience. However, while planning online ad expenditures, it is crucial to understand the Goods and Services Tax (GST) implications on Google and Facebook transactions. This article provides a detailed breakdown of how GST applies to advertisements […]
The Downfall of an Uncontrolled Mind
Bhagavad Gita: Chapter 2, Verse 63 Sanskrit Verse: क्रोधाद्भवति संमोह: संमोहात्स्मृतिविभ्रम: | स्मृतिभ्रंशाद्बुद्धिनाशो बुद्धिनाशात्प्रणश्यति || Translation: “From anger, delusion arises; from delusion, confusion of memory; from confusion of memory, loss of intelligence; and when intelligence is lost, one is destroyed.” Understanding the Verse Krishna describes the chain reaction of a disturbed mind, leading to irrational […]
Job Work Under GST: Compliance, Documentation & Input Tax Credit
Introduction Job work plays a crucial role in the Indian manufacturing and processing industries. Under the Goods and Services Tax (GST) regime, job work refers to a process where one party performs specific treatments or modifications on goods owned by another registered business. This ensures operational flexibility while maintaining compliance with GST regulations. This blog […]
The Delhi High Court’s Verdict on GST Registration Cancellation: A Landmark Decision
Introduction In a significant ruling, the Delhi High Court set aside the retrospective cancellation of GST registration for JSD Traders LLP. The case, W.P.(C) 2608/2025, challenged the arbitrary cancellation of GST registration dating back to 2017. It raised crucial questions about procedural fairness and legal compliance under the Central Goods and Services Tax Act, 2017 […]
The Chain Reaction of Desire in Entrepreneurship:
Sanskrit Verse: ध्यायतो विषयान्पुंस: सङ्गस्तेषूपजायते | सङ्गात्सञ्जायते काम: कामात्क्रोधोऽभिजायते || Translation: “When a person constantly thinks about sense objects, attachment to them arises. From attachment, desire is born, and from desire, anger arises.” Krishna explains a mental progression that leads to emotional instability: Constant thinking about an object → Leads to attachment
Attachment […]