GST Articles

The GST Paradox Of Power Storage

Posted by CS Lalit Rajput 31 March 2026 448 Views

Tamil Nadu AAR rules that Battery Energy Storage Systems (BESS) qualify as support services under HSN 998631, attracting 18% GST. Exemption as "supply of electrical energy" denied; GST registration mandatory for operators.

Arbitration Award Under GST: Different Components, Different Tax Consequences

Posted by Raj Jaggi

30 March 2026 839 Views

GST on arbitration awards isn't straightforward. Taxability hinges on whether payments are consideration or compensation. AAR clarifies key distinctions and GST implications.

Rs 1500 Crore GST on Penal Charges - A Compliance Failure Auditors Must Examine in FY 2025-26

Posted by MOHAN.C 28 March 2026 1254 Views

GST wrongly levied on penal charges by banks/NBFCs in 2024 has created a Rs 1500 crore issue with no refunds yet. Explore audit implications, legal position, and key concerns for CAs and auditors for FY 2025-26.

When Time Makes Credit Costly - Interest On Retained ITC Under GST

Posted by Raj Jaggi

27 March 2026 244 Views

Wrongly availed Input Tax Credit under GST can trigger interest liability, even without utilisation. Learn how delayed reversal and prolonged retention of ITC can quietly create financial risk for taxpayers.

Undelivered GST Letter Can Trigger Inspection Even After Registration

Posted by Mitali 27 March 2026 1206 Views

GST authorities are increasingly conducting physical verification of business premises even after issuing GST registration certificates. This may be triggered due to undelivered welcome letters, risk-based scrutiny in automatic registrations, or doubts arising during normal registration processes.

A Typing Error, A Genuine Export: Law Restored Balance

Posted by Raj Jaggi

27 March 2026 88 Views

GST refund denied due to a minor GSTR-1 error? The Supreme Court in Ruhi Siraj Makda v. Union of India (2026) upholds exporters’ rights, ruling that clerical mistakes cannot override genuine exports and IGST payments.

Why Your GSTR-3B Won't File: Common Culprits and Easy Fixes

Posted by Goldy Boldy 26 March 2026 133 Views

Struggling to submit GSTR-3B on the GST portal? Discover common reasons like unconfirmed liability breakup, unsaved data, validation errors, ledger mismatches, and portal glitches plus quick fixes to resolve filing issues smoothly and avoid last-minute stress.

The Thin Line Between "Supply For Export" And "Export Of Goods" Under GST

Posted by Raj Jaggi

25 March 2026 1219 Views

Not every supply linked to foreign movement qualifies as an export under GST. The Andhra Pradesh High Court clarifies that only the transaction directly causing goods to leave India earns zero-rated export status, highlighting the crucial distinction between "supply for export" and "export of goods."

No Supply, No GST: Lessons From An Arbitral Award

Posted by Raj Jaggi

24 March 2026 1171 Views

GST applies only when there is a "supply," not merely movement of money. This analysis explains why arbitral awards, refunds, and compensatory interest from pre-GST contracts may fall outside GST, highlighting key provisions of the CGST Act and principles of taxability.