Category: Goods and Services Tax - My CMS Portal

Section 16(2)(c) After Bhandari Scrap Traders: Can a Genuine Purchaser Still Lose Input Tax Credit?

Section 16(2)(c) After Bhandari Scrap Traders: Can a Genuine Purchaser Still Lose Input Tax Credit?

July 28, 2026 Ca Bhanu Prudhviraj Articles

Introduction Input Tax Credit (ITC) is the foundation of the Goods and Services Tax (GST) framework. It ensures that tax is levied only on value addition by allowing businesses to claim cr...

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Relevance of Affiliation in Higher Education and the GST Conundrum: Andhra Pradesh High Court’s Landmark Relief to Universities and Students

Relevance of Affiliation in Higher Education and the GST Conundrum: Andhra Pradesh High Court’s Landmark Relief to Universities and Students

May 16, 2026 Ca Bhanu Prudhviraj Articles

Education has never been treated in India as a mere commercial enterprise. Universities are not marketplaces, students are not consumers in the traditional economic sense, and academic regulation c...

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AP HC upholds GST treatment of chit fund interest, aligning with Kerala HC view

AP HC upholds GST treatment of chit fund interest, aligning with Kerala HC view

April 06, 2026 Ca Bhanu Prudhviraj Articles

Empowering Financial Inclusion: AP High Court’s Landmark Verdict on Chit Fund Interest Under GST, in Harmony with Kerala’s Progressive Stance Chit funds have long served as community-...

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GST Limitation: COVID Extensions Don’t Shield Tax Authorities

GST Limitation: COVID Extensions Don’t Shield Tax Authorities

April 06, 2026 Ca Bhanu Prudhviraj Articles

Breaking the Brahmasutra Illusion: Why COVID Limitation Extensions Don’t Shield GST Authorities The principle of limitation under the Goods and Services Tax (GST) framework stands as a corn...

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GST Rate Rationalization & ITC Management Post-56th GST Council Meeting

GST Rate Rationalization & ITC Management Post-56th GST Council Meeting

April 06, 2026 Ca Bhanu Prudhviraj Articles

The 56th GST Council Meeting has introduced sweeping reforms effective from 22 September 2025, reducing GST rates on more than 175 items and shifting most goods into the 5% and 18% slabs. Many esse...

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GST on Post-Sale Discounts: CBIC Clarifies Rules

GST on Post-Sale Discounts: CBIC Clarifies Rules

April 06, 2026 Ca Bhanu Prudhviraj Articles

Unlocking GST Certainty on Post-Sale Discounts: Comprehensive Clarifications in CBIC Circular 251/08/2025 Introduction CBIC Circular No. 251/08/2025-GST, dated 12 September 2025, offers authorit...

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GST on Mining Royalty: Constitutional Competence and Road Ahead

GST on Mining Royalty: Constitutional Competence and Road Ahead

April 06, 2026 Ca Bhanu Prudhviraj Articles

Introduction The levy of Goods and Services Tax (GST) on royalty payments by mining lease holders has emerged as one of the most significant constitutional tax disputes in recent years. At its co...

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One Assessee, One Authority, One GST Assessment: Landmark SC Ruling

One Assessee, One Authority, One GST Assessment: Landmark SC Ruling

April 06, 2026 Ca Bhanu Prudhviraj Articles

One Assessee- One Assessing Authority- One Assessment Proceedings – Landmark SC Ruling Prevents Repeat GST Proceedings Against Taxpayers Introduction The Supreme Court of India, in M/s Ar...

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GST Budgetary Support refunds be based on fixed value addition rates: J&K HC

GST Budgetary Support refunds be based on fixed value addition rates: J&K HC

April 06, 2026 Ca Bhanu Prudhviraj Articles

Implications of the J&K High Court Judgment on Value Addition Criteria for Refund Computation under the GST Budgetary Support Scheme (BSS) J&K High Court held GST Budgetary Support refund...

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Examiners Are Turning Into Examinees Before GST Authorities

Examiners Are Turning Into Examinees Before GST Authorities

April 06, 2026 Ca Bhanu Prudhviraj Articles

Examiners Are Turning Into Examinees Before GST Authorities Introduction The growth, development, and quality of higher education are critical indicators of a modern and progressive India. With ...

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