Goods and Services Tax Archives

GST (Fourth Amendment) Rules 2025: Electronic Registration, Aadhaar Authentication & New Threshold Options

Vide this amendment, the electronic grant of GST registration will be given in 3 working days.

Case Briefs Tribunals/Commissions/Regulatory Bodies

Inside Gujarat Appellate AAR order refusing Input Tax Credit claim on buyback expenditure of Gujarat Narmada Valley Fertilizers & Chemical’s shares

Reaffirming the principle that transactions in securities fall outside the ambit of GST, the Gujarat Appellate Authority for Advance Ruling held that ITC on share buyback expenses is inadmissible and must be reversed under Section 17(3) of the CGST Act, 2017.

Case Briefs High Courts

Arbitral awards carry increased credence when a detailed pre-arbitral process has already been contracted: Bombay High Court

“The Mumbai Metro Rail Corporation Limited entered into a contract, entailing the design and construction of specific stations and tunnels in the Mumbai Metro Rail Project, the bid for which was made by L&T-STEC JV Mumbai before the introduction of Goods and Services Tax.”

Advance Rulings Case Briefs

Read why AAR Tamil Nadu refused to admit Auto Color Paints’ application for refund and Input Tax Credit adjustment over erroneous GST reporting

In the present case, Auto Color Paints mistakenly reported purchase invoices as sales in GSTR-1 from 2017—18 to 2022—23, resulting in a loss of Input Tax Credit amounting to ₹18.53 lakh. After the supplier refused adjustment, the applicant approached AAR, Tamil Nadu, seeking relief under Section 97 of the CGST Act.

Op Eds OP. ED.

Duty Drawback and ITC: Resolving the Double Benefit Conundrum

by Pramod Sanap*

Experts Corner JSA Advocates & Solicitors

Carried Interest — Identity Crisis or Identity in Abundance

by Shareen Gupta* and Rajan Mishra**

Law School News Moot Court Announcements

2nd National the Chamber of Tax Consultants Indirect Tax Moot Court Competition, 2025

ILS Law College, Pune is pleased to invite applications from law colleges across India to participate in 2nd National The Chamber Of Tax Consultants Indirect Tax Moot Court Competition, 2025

Op Eds OP. ED.

High Fuel Prices in India — Should Petroleum Products be Brought under the GST Regime?

by Nilanjan Sen*, Sumeir Ahuja**, Shubhamay Dutta*** and Agrani Bhati****

Op Eds OP. ED.

New CBIC Circular: Is the Ministry of Finance Taxing a Hypothetical Risk?

by Akshita Grover*

Case Briefs High Courts

[S. 34, Arbitration and Conciliation Act, 1996] Any attempt to modify an award would amount to crossing the ‘Lakshman Rekha’; Sikkim HC reiterates

The Court noted that the appellant had accepted the award of all other claims except the one disputed, therefore they could not seek the setting aside of only the disputed claims as it would amount to seeking modification of the Award.