Reading Time: 8 minutesTDS Section Mapping: Income Tax Act 1961 vs 2025,The Income Tax Act, 2025 has restructured TDS and TCS provisions under entirely new section numbers. While no changes in rates or thresholds have been made, every section from salary TDS to VDA payments now has a new identity. This post is your complete, ready-reference
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Reading Time: 4 minutesGSTN Advisory: Confirmation of “Tax Liability Breakup, As Applicable” in GSTR-3B (New Filing Step Explained) Published: 16 March 2026 Category: GST Updates | GSTR-3B | Compliance The Tax Liability Breakup GSTR-3B feature has recently been updated by GSTN., The GSTN advisory on Tax Liability Breakup GSTR-3B requires taxpayers to confirm the liability details before filing
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Reading Time: 5 minutesRule 37A GST, Input Tax Credit (ITC) is one of the most powerful features of the GST system in India. It allows businesses to claim credit for GST paid on purchases and reduce their final tax liability. However, ITC is allowed only when certain conditions are fulfilled. One important compliance rule that many taxpayers and
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Reading Time: 2 minutes Laptop HSN Code and GST Rate Under GST (2026 Updated) Laptops are one of the most widely used electronic devices in India for business, education, and personal use. Businesses that manufacture, import, or sell laptops must use the correct HSN code for laptops while issuing GST invoices and filing GST returns. The Harmonized System
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Reading Time: 2 minutesUmbrella HSN Code, GST Rate and Classification (2026 Updated) The umbrella HSN code under GST is important for manufacturers, traders and importers dealing in umbrellas and umbrella accessories as the Umbrellas are commonly traded products in India, especially during the monsoon season. For GST compliance, businesses must correctly identify the HSN code and applicable GST
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Reading Time: 3 minutesSection 9(3) of CGST Act is the legal provision that governs Reverse Charge Mechanism under GST, The Reverse Charge Mechanism (RCM) is an important provision under GST where the liability to pay tax shifts from the supplier to the recipient of goods or services. One of the key provisions governing reverse charge is Section 9(3)
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Reading Time: 3 minutesGST on sale of manufacturing scrap is applicable under Section 7 of the CGST Ac, If you are a manufacturer selling scrap generated during production, this guide explains GST applicability, correct HSN code selection, ITC eligibility, and compliance requirements. Sale of manufacturing scrap is a fully taxable supply under GST and frequently examined during audits.
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Reading Time: 3 minutesWhat is Scrap Under GST? Under GST, scrap generally refers to waste and discarded materials arising from manufacturing, mechanical working, dismantling, or usage, which are no longer usable as such. Scrap is classified under different HSN Chapters depending on material type metal, plastic, paper, rubber, e-waste, etc. If you are searching for Scrap HSN
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Reading Time: 8 minutesπ GSTN UPDATE FEBRUARY 21, 2026 Withdrawal from Rule 14A GST | Complete Form GST REG-32 Guide 2026 WeAndGST.in | Lets Simplify GST π GSTN Update February 21, 2026 GSTN has enabled a new online facility for eligible taxpayers to apply for withdrawal from the option availed under Rule 14A of the CGST
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Reading Time: 5 minutesTransfer of ITC on Death of Proprietor | GST Guide 2026 (Step-by-Step) By Kamal Kumar | GST Consultant | 12 Years Experience in Indirect Taxation π Last Updated: February 2026 | Verified against CBIC Circular 96/15/2019 | Valid for FY 2025-26 Transfer of ITC on Death of Proprietor is one of the most critical yet
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