GST in India continues to evolve, and 2025 brings several major amendments that impact pricing, billing, ITC claims, compliance, and day-to-day business operations. For companies of all sizes, staying updated with GST amendments and the latest GST news is no longer optional — it is essential for ensuring accuracy, avoiding penalties, and maintaining healthy cash flow.This guide breaks down the […]
GST Calendar –Compliances for the month of October ’2025 Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) November 10, 2025 GSTR-8 (Tax Collected at Source ‘TCS’) November 10, 2025 GSTR-1 November 11, 2025 IFF- Invoice furnishing facility (Availing QRMP) November 13, 2025 GSTR-6 Input Service Distributor November 13, 2025 GSTR-2B (Auto Generated Statement) November 14, […]
GST Calendar –Compliances for the month of September ’2025 Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) October 10, 2025 GSTR-8 (Tax Collected at Source ‘TCS’) October 10, 2025 GSTR-1 October 11, 2025 IFF- Invoice furnishing facility (Availing QRMP) October 13, 2025 GSTR-6 Input Service Distributor October 13, 2025 GSTR-2B (Auto Generated Statement) October 14, 2025 […]
GST Calendar –Compliances for the month of August ’2025 Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) September 10, 2025 GSTR-8 (Tax Collected at Source ‘TCS’) September 10, 2025 GSTR-1 September 11, 2025 IFF- Invoice furnishing facility (Availing QRMP) September 13, 2025 GSTR-6 Input Service Distributor September 13, 2025 GSTR-2B (Auto Generated Statement) September 14, 2025 […]
Gujarat High Court – Addwrap Packaging Pvt. Ltd. & Anr. v. Union of India & Ors. Facts: Rule 96(10) restricted the ability of certain exporters to claim IGST refunds on exports made under LUT (Letter of Undertaking) or payment of tax, if they or their suppliers availed certain customs/GST exemptions (e.g., Advance Authorization, EPCG, EOU). The petitioners had exported goods […]
Important GST Advisories—May 2025 May, 01,2025– Implementation of HSN Code Reporting in GSTR-1/1A (Phase-3) Starting May 2025, the third phase of HSN code reporting in GSTR-1/1A is being rolled out. Under this phase, taxpayers will need to select HSN codes from a dropdown list—4-digit codes for those with turnover up to ₹5 crore, and 6-digit codes for those exceeding ₹5 […]
Private Agreements Do Not Override Statutory RCM Liability – Allahabad High Court Private Agreements Do Not Override Statutory RCM Liability – Allahabad High Court Facts: The petitioner (a service recipient) entered into an agreement with the supplier where the supplier agreed to bear all GST liabilities. However, GST authorities demanded tax under the Reverse Charge Mechanism (RCM) from the petitioner. […]
Key GST Amendments Effective April 1, 2025 The Goods and Services Tax (GST) framework in India is set to undergo significant amendments to enhance compliance, streamline tax administration, and improve transparency in business transactions. Below are the major changes: 1. Tax Rate Changes Used Car Sales: GST rate increased from 12% to 18%, impacting the pre-owned car market. GST Rates […]
GST Implications on Sub-Contracted Goods Transportation: Classification as Vehicle Rental Service Background: The taxpayer entered into an arrangement with a principal Goods Transport Agency (GTA) for the transportation of goods. The taxpayer, however, did not issue consignment notes but merely provided trucks for the transportation of goods. Issue: Whether the transportation service provided by the taxpayer as a sub-contractor to […]
GST Calendar –Compliances for the month of January ’2025 Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) February 10, 2025 GSTR-8 (Tax Collected at Source ‘TCS’) February 10, 2025 GSTR-1 February 11, 2025 IFF- Invoice furnishing facility (Availing QRMP) February 13, 2025 GSTR-6 Input Service Distributor February 13, 2025 GSTR-2B (Auto Generated Statement) February 14, 2025 GSTR-3B […]