Introduction to Provisional Assessment under GST The Goods and Services Tax (GST) regime in India is primarily based on the principle of “Self-Assessment,” where the taxpayer determines their tax liability and discharges it. However, business transactions are often complex. Whether it is a new product with an ambiguous HSN classification or a service contract with…
Introduction The digital landscape in India has witnessed an unprecedented surge in online gaming, ranging from fantasy sports and rummy to high-stakes poker and offshore casinos. However, this growth has been shadowed by significant legal complexities regarding indirect taxation. The transition from taxing platform fees to taxing the “full face value” of bets has redefined…
The Goods and Services Tax (GST) framework in India is dynamic, frequently introducing measures to curb tax evasion and streamline compliance. One such pivotal regulation is Rule 86B of the CGST Rules, 2017. Introduced to target “fake invoicing” and fraudulent credit claims, this rule mandates a minimum cash payment of tax liability for specific taxpayers….
In the journey of an entrepreneur, the transition from a local startup to a formal enterprise is often marked by a significant milestone: GST Registration. While many small business owners view the Goods and Services Tax (GST) primarily as a compliance requirement, it is designed to be a “ladder of growth” that integrates small players…
A deep dive into the Draft Income-tax Rules, 2026: Simplification, Digitalization, and the New Era of Economic Ease. The 2026 Mandate Effective April 1, 2026, the CBDT introduces a paradigm shift aimed at enhancing the “Ease of Understanding, Living, and Doing Business in India.” These reforms represent a total modernization of the framework last overhauled…
Don’t Miss Your Golden Ticket! Window Opens: April 15, 2026 Window Closes: July 15, 2026 Buried Under Late Fees? A Lifeline is Here! Is the weight of pending corporate filings and mounting penalties keeping you up at night, a relentless tide threatening to engulf your entrepreneurial spirit? Good news! The Ministry of Corporate Affairs (MCA), in its…
India’s food delivery revolution has put millions of small restaurants on platforms like Swiggy, Zomato, and Blinkit. But for small restaurant owners registered under the GST Composition Scheme, a critical question arises: Am I even legally allowed to list my restaurant on these platforms? The answer is nuanced — and getting it wrong can expose…
In the complex landscape of Goods and Services Tax (GST) in India, taxpayers may occasionally encounter “adverse orders.” These are decisions passed by adjudicating authorities—such as tax officers—that may involve the demand of tax, interest, penalties, or the rejection of refund claims and registration applications. The CGST Act, 2017, provides a robust legal framework for…
The Goods and Services Tax (GST) regime was designed to create a seamless, technology-driven tax ecosystem. Yet, a troubling pattern has emerged across India — honest, bona fide taxpayers are being penalised for mistakes they never made. Departmental lapses in the GST registration process are enabling fake entities to mushroom, and when the fraud is…
In the modern corporate landscape, a brand’s identity is its most valuable asset. While many entrepreneurs focus on securing a unique name through the Registrar of Companies (ROC), they often overlook the parallel protections offered by the Trade Marks Act, 1999. A common point of legal friction arises when a company is incorporated with a…