GST Articles
Ocean Freight Under GST In CIF Contracts: The Journey From Controversy To Clarity
31 December 2025
1185 Views
IGST on ocean freight under CIF imports stands conclusively settled after the Supreme Court’s Mohit Minerals ruling and Notification 13/2023, effective 1 Oct 2023. This article explains the litigation history, double taxation issue, refund implications, and why the relief applies only to ocean freight, not air freight.
GST 2025 Recap: Top Changes That Shaped the Year
30 December 2025
755 Views
GST in 2025 marked a major shift with simplified returns, stricter ITC rules, AI-driven compliance and the rollout of GST 2.0 reforms.
25 Major Tax and GST Reforms in 2025: A Year of Change
Discover the key tax and GST updates of 2025 explained through a conversation between Arjuna and Krishna. Learn how GST reforms, income tax changes, TDS/TCS updates, and compliance simplifications impact taxpayers and businesses. Stay informed to maximize benefits and avoid penalties.
Reporting of HSN Codes in GSTR-1: Changes in Table-12 from May 2025
Reporting of HSN codes in GSTR-1 from the April 2025 return period has been enhanced to improve accuracy and compliance.
India's 2025 GST Reforms & Mutual Fund Growth: What Businesses and Investors Must Know
GST 2.0 simplifies tax compliance in 2025 while mutual fund AUM crosses Rs 80 lakh crore. Key year-end GST, ITR and investment insights explained.
Unbilled Revenue Under GST: Why Tax Liability Arises Even Without An Invoice
27 December 2025
4876 Views
Understand how GST liability can arise even without invoice or payment. Learn time of supply rules, unbilled revenue treatment and key legal provisions.
Big Relief for GST Taxpayers: Section 16(5) Validation May Nullify ITC Time-Bar Demands
27 December 2025
12415 Views
Special procedure notified to rectify GST ITC demands raised solely due to Section 16(4) time limit, now validated under Sections 16(5) and 16(6). Explains legislative background, Delhi Notification 22/2024, eligibility, timelines, limitations, and no-refund caveat for FY 2017-18 to FY 2020-21 cases.
GSTR-3B Late Filing: Get Ready for Rs.50,000 Penalty!
If you have filed your GSTR-3B even 1-day delay now it may lead to Rs. 50,000 penalty notices u/s 125, in addition to late fees and interest.
GSTR-9C: Final Extended Due Date For FY 2024-25
26 December 2025
73846 Views
Get insights on GSTR-9C meaning, final due date, turnover limits, Penalty for Late Filing and Documents Required.
Different types of GST Assessments
Assessment under GST explained with examples - self, provisional, scrutiny, best judgement and summary assessment under the CGST Act in a simple, practical manner.
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