Blog
Businessman Arrested in ₹34 Crore GST Scam — Shocking Details Emerge
A businessman in Nagpur was arrested in a ₹34 crore GST scam involving fake input tax credit claims and bogus invoices. This detailed article explains how the fraud was executed, what laws were broken, its impact on the economy, and what businesses can do to stay compliant. Includes real-world examples, official links, and actionable tips for tax professionals and small businesses.
Maruti Suzuki Subsidiary Slammed With ₹86 Crore GST Penalty in Appellate Ruling
Suzuki Motor Gujarat Pvt Ltd, a subsidiary of Maruti Suzuki, has been hit with an ₹86 crore GST penalty for delayed and misreported reverse-charge payments between 2020 and 2022. While the company had voluntarily paid the tax, the Gujarat CGST Appellate Authority upheld additional penalties. This article explains the reverse-charge mechanism, GST penalty structure, and lessons for corporate India in staying compliant with GST laws.
Tripura Leads the Way in GST Collection: State’s Revenue Soars by 7.5% Year-on-Year
Tripura has emerged as a leader in GST revenue growth, achieving a 7.5% increase year-on-year. This success is attributed to a blend of effective tax policies, regional cooperation, and a focus on economic development. By adopting similar strategies, other states can also improve their fiscal health and contribute to India’s long-term economic stability.
Punjab & Haryana HC Grants Bail to Accused of Scamming Rs. 1.33 Crore Posing as Customs Officer
In the case of a ₹1.33 crore scam involving impersonation of Customs officers, the Punjab and Haryana High Court granted bail to the accused. This article offers a deep dive into the case, practical tips to prevent fraud, and legal insights on the proceedings. Stay informed and protected from scams today!
2025’s Most Important ITAT Rulings: Half-Yearly Income Tax Case Digest Reveals Critical Insights
The first half of 2025 has seen key rulings from the Income Tax Appellate Tribunal (ITAT) that shape India's tax landscape. From capital gains exemptions to NRI taxation and procedural fairness, these decisions provide vital insights for both taxpayers and professionals. Understanding these rulings ensures better compliance, minimizes risks, and optimizes tax benefits. This article highlights critical cases, offering practical advice on how they impact individuals and businesses navigating the complex world of taxation.
AAR Rules No GST on Printing Post-Examination Items for Educational Institutions: What This Means for Schools and Colleges
The Tamil Nadu Authority for Advance Ruling (AAR) has exempted GST on post-examination services like printing certificates and processing results for educational institutions. This ruling simplifies compliance and saves institutions money, creating a more efficient, cost-effective environment for schools, colleges, and universities.
AAR Ruling: Time Limit for Availing ITC on Import IGST via Re-assessed Bill of Entry Defined by Section 16(4) CGST Act
The Tamil Nadu Authority for Advance Ruling (AAR) recently clarified the time limit for availing ITC on IGST paid via re-assessed Bill of Entry, stating it starts from the date of reassessment, not the original importation date. This gives businesses a fresh window to claim credits. Understanding this ruling, along with the CGST Act's guidelines, can help businesses ensure compliance and avoid missing valuable tax credits.
Odisha’s GST Act Set for Major Overhaul: Simplification & Flexibility Are Coming
Odisha’s GST Act overhaul focuses on simplifying tax provisions, reducing penalties, and providing a more efficient online registration process. These changes will benefit businesses, especially small ones, by making compliance easier and less time-consuming. As part of India’s GST 2.0 reforms, Odisha is helping create a more transparent, business-friendly tax system for the future.
West Bengal’s GST Revenue Soars 12% in July
West Bengal's GST revenue soared by 12% in July 2025, signaling economic recovery and growth. This article explores the factors behind this increase, how it benefits local businesses, and the state’s future prospects.
Mandatory HSN Code Reporting in GSTR-1/1A: The 2025 GST Compliance Guide You Can’t Miss
Mandatory HSN code reporting in GSTR-1 and GSTR-1A will come into effect in May 2025. Businesses will need to report the correct HSN codes for all goods and services sold. This guide walks you through the new compliance rules, including segregating B2B and B2C supplies, and the introduction of Table 13 for document summaries. Stay informed to avoid penalties and ensure smooth GST filing.
