CAclubindia Articles

GST Refund Process for Exporters in India

Posted by Sahil Jaiswal 16 March 2026 5 Views

GST refund process for exporters in India ensures that businesses exporting goods or services are not burdened with the taxes paid on inputs.

When The Contractor Changes But The Advance Remains: A GST Perspective On Contract Novation

Posted by Raj Jaggi

16 March 2026 196 Views

When a mobilisation advance is taxed under GST but the contract is later novated to another entity before services begin, the original contractor must reverse the transaction by issuing a refund voucher and claim a GST refund. Learn the correct tax treatment and compliance steps in such cases.

Critical Analysis of the Amendments to the GST Act as per the Budget 2026-27

Posted by Hrishikesh H 16 March 2026 401 Views

Analysis of key GST amendments under the Finance Bill 2026, covering changes to Sections 15(3), 34, and 54 of the CGST Act and Section 13(8) of the IGST Act, focusing on discounts, refund mechanisms, and intermediary services.

A Revised Contract Value, A Cancelled GST Registration, And The Debit Note Puzzle

Posted by Raj Jaggi

16 March 2026 230 Views

When contract values are revised after arbitration but the original GST registration is cancelled, issuing a debit note becomes complex. Explore how Section 142(2A), Section 25, and Section 34 of the CGST Act determine who can legally issue the debit note and why re-registration may be required to maintain the GST compliance trail.