Central Board of Direct Taxes (CBDT) issues an official FAQ compendium to help taxpayers, professionals and tax officers navigate the shift from the Income-tax Act, 1961 to the newly enacted Income-tax Act, 2025. The new Act takes effect on April 01, 2026, replacing a law that had been in place for over six decades.

This writ petition before the Karnataka High Court arose out of a significant interpretational dispute under the GST regime concerning the distribution of Input Tax Credit (ITC) relating to common input services across multiple registrations of a single legal entity.

India's Goods and Services Tax (GST) regime, administered by the Central Board of Indirect Taxes and Customs (CBIC), is not merely a system for collecting tax—it is a framework designed to ensure fairness for all participants in the economy. A critical pillar of this framework is the enforcement machinery: the powers of inspection, search, seizure and arrest.

Ministry of Finance has issued Office Order No. 03/2025, marking a significant step in operationalizing the GST Appellate Tribunal (GSTAT) by detailing the allocation of benches and appointed members across India. This article breaks down the structure, jurisdictional distribution and functional implications of the order, helping taxpayers and professionals understand how GST disputes will be handled going forward. Team Prime Accountants breaks it down for you.

Goods and Services Tax Network (GSTN) has issued a formal advisory addressing the pre-deposit payment requirement while filing an appeal before the First Appellate Authority, clarifying how payments made through Form GST DRC-03 can and must be linked to the relevant demand order before the portal will recognise them. This is a practically significant clarification that every taxpayer, CA and GST litigator needs to understand.

In India’s export ecosystem, 'Merchant Exporters' play a powerful yet often misunderstood role. With the right GST structure, they can export goods with extremely low tax cost, making Indian products more competitive globally. Many exporters, traders, and even professionals still confuse how merchant exports actually work under GST. Let’s break it down clearly in this article.