Gujarat High Court Allows GST Refund Even After Time Limit – A Relief for Businesses
The Gujarat High Court has issued a major ruling that benefits honest taxpayers. The court declared that GST paid by mistake can be refunded — even if the refund request is made after two years. This decision reaffirms a simple truth: money collected without legal authority must be returned. Case Summary What Actually Happened? Aalidhra […]
Top GST Changes from April 2025 That Every Business Must Know
As the financial year 2025–26 begins, the Indian government has introduced several important updates to the Goods and Services Tax (GST) regime. These changes aim to improve tax compliance, ensure timely reporting, and enhance the transparency of financial transactions. Whether you’re a large corporation or a small business, it’s essential to understand and implement these […]
GST on Development Agreements: Bombay High Court Offers Major Relief to Real Estate Developers
Judgment Date: April 8, 2025 Case: Shrinivasa Realcon Pvt. Ltd. vs. Deputy Commissioner, CGST Court: Bombay High Court, Nagpur Bench Judges: Justice Avinash G. Gharote & Justice Abhay J. Mantri Overview of the Case Shrinivasa Realcon Pvt. Ltd. entered into a development agreement on April 7, 2022, with a landowner in Nagpur. The agreement allowed […]
Claiming Refund for Excess Payment of Tax under GST – A Step-by-Step Guide
Overpaid GST due to an error? You’re not alone. Many businesses accidentally pay GST twice or enter the wrong tax head. Fortunately, the GST system allows you to request a refund for any excess payment of tax using Form RFD-01. Let’s break down the process into clear steps, so you can claim your refund without […]
Key GST Updates for April 2025: Changes in GSTR-1, GSTR-1A & GSTR-3B You Must Know
The Goods and Services Tax Network (GSTN) has introduced important updates that will apply from the April 2025 tax period. These GST updates focus on changes in Table-12 of GSTR-1/GSTR-1A and Table 3.2 of GSTR-3B. Businesses must understand these changes to file returns correctly and avoid compliance issues. Let’s take a closer look at the […]
GST on Real Estate in India: A Simplified Overview for Homebuyers and Developers
The implementation of the Goods and Services Tax (GST) brought significant changes across industries in India, and the real estate sector is no exception. Understanding the GST implications on residential properties is vital for both developers and homebuyers. This blog simplifies the GST framework on real estate, its historical evolution, and its impact on property […]
GST Waiver Applications: Common Challenges and Solutions
Filing waiver applications (SPL 01/SPL 02) under the GST waiver scheme has presented several challenges for taxpayers. The Goods and Services Tax Network (GSTN) has acknowledged these issues and is working towards resolving them. Meanwhile, understanding the problems and available solutions can help taxpayers navigate the process smoothly. Challenges Faced While Filing GST Waiver Applications […]
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 […]
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 […]