Wrong GSTIN, Big Loss: How a Small Mistake Almost Cost This Company Crores.
Introduction: Wrong GSTIN, big loss—that’s exactly what B Braun Medical India Pvt. Ltd. experienced when a simple GST number error on a supplier’s invoice almost cost them ₹5.65 crore in Input Tax Credit (ITC). Even though the company received the goods, paid the vendor, and got the invoice in its name, the supplier entered the […]
Croma vs GST Department: Delhi HC Rules on ₹108 Cr ITC Dispute
What Was the Case About? Infiniti Retail Limited, known for its brand Croma, recently challenged a huge tax demand before the Delhi High Court. The ITC Dispute demand came from the CGST Delhi West Commissionerate, which issued an order on 3rd February 2025, claiming over ₹108 crore under various sections of the CGST Act. What […]
Handling of Inadvertently Rejected Records on IMS – A Practical Guide
Businesses often face issues in reconciling Input Tax Credit (ITC) due to mistakenly rejected records on the Invoice Matching System (IMS). Whether it’s an invoice, debit note, or credit note, incorrect rejections can disrupt the seamless flow of ITC. Here’s a practical guide to help both recipients and suppliers handle such rejections effectively. 1. How […]
GST Refund for E-commerce Sellers – Key Considerations
E-commerce sellers face multiple tax responsibilities under GST. Among them, claiming refunds is one of the most important. It helps maintain better cash flow and reduces the overall tax burden. This blog explains the key areas every online seller must focus on to claim GST refunds correctly and without delay. What Is a GST Refund? […]
Comparative Study: GST Refund under Inverted Duty vs Export Without LUT
In the world of GST compliance, refund mechanisms offer much-needed relief for businesses facing blocked working capital. Two widely used refund avenues are Inverted Duty Structure (IDS) and Export Without LUT (Letter of Undertaking). While both fall under zero-rated supply mechanisms, their eligibility, documentation, and financial implications differ significantly. Let’s break down both scenarios and […]
Delhi High Court Grants Relief to Ashish Metals Over ₹79.76 Lakh GST ITC Demand
Overview In a significant judgment that brings procedural fairness to the forefront, the Delhi High Court has granted interim relief to MS Ashish Metals in a matter GST ITC Demand an alleged wrongful availment of Input Tax Credit (ITC) worth ₹79.76 lakhs. The case highlights how a typographical error in GST return filing can snowball […]
Advisory: Auto-Populated Liability in GSTR-3B to Become Non-Editable from July 2025
Introduction The Goods and Services Tax Network (GSTN) is rolling out a crucial change for taxpayers from the July 2025 tax period onwards. As part of the government’s efforts to streamline GST return filing and improve data accuracy, the auto-populated tax liability in Form GSTR-3B will become Non-Editable. This blog outlines what’s changing, how it […]
The Importance of HSN Codes and GST Rates During GST Returns and Refunds:
Introduction: If you run a business and file GST returns, you must pay attention to HSN codes. These codes tell the government exactly what kind of goods or services you are selling. Using the right HSN code means you pay the right GST and can get your refunds faster. In this blog, I’ll explain why […]
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 […]