Reading Time: 9 minutesGST Refund of Unutilised ITC: When You Can Claim, Key Rules, Sections and Case Laws (2026 Update) Updated 30 October 2026 #GSTRefund#UnutilisedITC#Section54#InvertedDuty A GST refund of unutilised input tax credit is allowed in only two situations: zero-rated supplies made without payment of tax, and an inverted duty structure. New refund rules take effect from 1
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Reading Time: 8 minutesGST Update | 27 October 2026 CBIC Issues 8 New GST Circulars (257 to 264) on 26 October 2026: Complete Summary and Action Points Registration, show cause notices, appeals, ISD, banks and NBFCs, demo vehicles, export proceeds and Rule 96(10) – everything taxpayers and professionals need to know, in one place. GST circulars 257 to
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Reading Time: 12 minutesUPDATED 24 OCTOBER 2026 Documents Required for GST Registration in 2026: Complete Checklist, Upload Formats and Ready Templates Entity-wise document lists, file size rules for the GST portal, and copy-paste formats for NOC, consent letter, authorisation letter and board resolution. Documents required for gst registration, Most GST registration applications are not delayed because of the
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Reading Time: 6 minutesGST Annual Return (GSTR-9 & 9C) for FY 2025-26: Due Date, Who Must File, Late Fees and Checklist Updated 24 October 2026 #GSTR9#GSTR9C#GSTAnnualReturn#FY2025-26 GSTR-9 and GSTR-9C for FY 2025-26 are due on 31 December 2026. The portal opened on 8 October 2026. Here is who must file, what changed, what a delay costs, and how
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Reading Time: 6 minutes🪔 Diwali 2026GSTITCIncome TaxGifting 🪔 Diwali 2026: GST and Income Tax on Gifts, Festival Expenses and Dhanteras Purchases Sweets, hampers, vouchers, bonus and gold coins all carry tax consequences. Here is who pays what, where ITC is blocked, and what changed under the new Income-tax Act. 📅 Law as on: 15 October 2026⏱️ Reading Time:
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Reading Time: 5 minutesClaim ITC on Flipkart purchases BBD 2026: Best Deals for Business Buyers and How to Claim ITC Buying a laptop, AC or printer in Big Billion Days? A valid GST invoice can bring back the 18% GST as input tax credit. Buy it wrongly and the credit is gone for good. 📅 Last Updated: October
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Reading Time: 8 minutesWhat is GST on Foreign Consultancy Services?GST on Foreign Consultancy Services is payable under Reverse Charge Mechanism (RCM) when an Indian business receives consultancy services from a foreign consultant. Who pays GST on Foreign Consultancy Services?The recipient in India pays GST on Foreign Consultancy Services under RCM and can claim ITC subject to eligibility. GST
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Reading Time: 2 minutesGST Rates on Furniture under HSN Chapter 94 cover seats, wooden furniture, office furniture, mattresses, lamps, lighting fittings, and prefabricated buildings. This article provides updated HSN codes with applicable GST rates and classification details. Chapter 94 under GST covers furniture, seats, bedding articles, lamps, lighting fittings, and prefabricated buildings. Below is the detailed list of
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Reading Time: 4 minutesBill To Ship To Under GST: Meaning, Section 10(1)(b), Examples & Case Laws (2026 Guide) The concept of “Bill To – Ship To” under GST is one of the most important yet commonly misunderstood provisions in Indian taxation. It applies in situations where goods are invoiced to one party but physically delivered to another. This
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Reading Time: 3 minutesGST invoice mandatory fields are defined under Rule 46 of the CGST Rules, 2017. Every registered taxpayer must issue a valid GST invoice containing prescribed details to ensure Input Tax Credit (ITC) eligibility and avoid penalties. Looking for GST invoice mandatory fields? This complete 2026 guide explains Rule 46, invoice format, penalties, and ITC rules
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