Recent GST Refund Cases in India and Their Solutions
GST refund are vital for business cash flow. When GST refunds face delays or denials, companies struggle to maintain liquidity. Recently, several courts across India delivered important rulings that shaped the future of refund claims. Below is a summary of the most relevant cases and their practical outcomes. 1. Refund of ITC on Business Closure […]
Two Paths,One Goal: How Bhagavad Gita Shapes Modern Entrepreneurship
Let’s unpack this verse — and explore how it can guide modern entrepreneurial decisions with clarity, purpose, and wisdom in Entrepreneurship. Sanskrit Verse – श्रीभगवानुवाच लोकेऽस्मिन्द्विविधा निष्ठा पुरा प्रोक्ता मयानघ । ज्ञानयोगेन सांख्यानां कर्मयोगेन योगिनाम् ॥ ३ ॥ Simple Translation The Lord said: “In this world, O sinless one, I have explained before that there […]
Freedom from Cash Leaks: 5 Silent Drains on Your Cash Flow
Introduction In my role as a Virtual CFO, I often meet businesses that are profitable on paper but still short of cash. When we dig deeper, it’s not revenue that’s the issue; it’s cash leaks inside the operating cycle. Here are the 5 silent drains I’ve seen again and again with real situations and practical […]
September 2025 Compliance Calendar for Businesses
Running a business in India means keeping track of multiple tax and regulatory deadlines every month. Missing these can result in penalties and interest, which is why staying updated with the compliance calendar is important. Here is a simplified list of all the important due dates in September 2025. Key Compliance Dates – September 2025 […]
Advisory: System Enhancement for Order-Based Refunds (GST)
The Goods and Services Tax Network (GSTN) has announced an important enhancement to the system for processing refunds under the category “On account of Assessment/Enforcement/Appeal/Revision/Any Other Order (ASSORD)”. This change directly addresses long-standing challenges faced by taxpayers and tax officers while filing refund applications in cases linked to demand orders. Background – The Earlier Limitation […]
When Strategy and Wisdom Seem to Clash: A Founder’s Dilemma
In the relentless world of entrepreneurship, we often face a confusing crossroads: Should we act boldly and build? Or step back, reflect, and recalibrate? Strategy and Wisdom? In Chapter 3, Verse 2 of the Bhagavad Gita, Arjuna voices a similar dilemma to Krishna. He’s torn between paths: one of renunciation and reflection, the other of […]
GST Refunds 2025: 25 Advanced FAQs Every Business Should Know
Getting GST refunds is not just about compliance—it is about keeping your working capital free. Many businesses struggle because of mistakes, mismatched returns, or missing documents. This guide answers 25 advanced questions on GST refund with clear, direct, and practical insights. 1. What are the key grounds for GST refunds? Refunds arise mainly from exports, […]
State-Wise SGST Subsidy Schemes: A Complete Guide for Startups and Enterprises
Introduction State Goods and Services Tax (SGST) is an important part of India’s GST system, collected by state governments on sales within their state. To boost investments and encourage industrial growth, many states reimburse part of this tax to eligible businesses. This is known as the SGST subsidy or reimbursement scheme. These subsidies help companies […]
Checklist Before Filing Your GST Refund Application
Filing a GST refund application is often a critical step for businesses to maintain healthy cash flow and ensure compliance. However, even minor errors can result in delays, rejections, or unnecessary scrutiny from tax authorities. To avoid such pitfalls, it’s essential to have a well-prepared checklist before filing your GST refund claim. This blog provides […]
Role of AI and Automation in GST Refund Processing
Introduction The Goods and Services Tax (GST) framework in India was introduced to simplify indirect taxation, yet refund processing continues to be one of the most challenging aspects for businesses. Delays, documentation errors, and manual scrutiny often create roadblocks, directly impacting working capital. This is where Artificial Intelligence (AI) and automation are transforming the landscape. […]