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Section 70 of the CGST Act gives GST officers the legal power to issue summons during an enquiry. This provision plays a key role in investigations under GST law. It allows officers to call individuals for statements or documents that are relevant to
GST on rice is a topic that often causes confusion among buyers, sellers, and small traders. Rice is a daily essential in India, so understanding how Goods and Services Tax applies to it is important. The GST rules on rice are simple once you know th
Avana Electrosystems Limited is engaged in manufacturing of customised Control and Relay Panels. The company was incorporated in 2010. The company offers Control and Relay Panels ranging from 11kv to 220kv for Power System Monitoring, Control and
GST on TV is an important topic for buyers and sellers of televisions in India. With changes announced by the GST Council, the tax structure on televisions has become simpler and more uniform. This has directly affected pricing, billing, and overall
Indian markets closed marginally higher on Friday, supported by strong buying in IT stocks. The Sensex rose 0.23 to end at 83,570, while the Nifty 50 added 0.11 to close at 25,694. Nifty Bank outperformed with a 0.86 gain. Infosys and Tech Mahindr
GST on Clothes is an important topic for anyone involved in buying, selling, or supplying garments in India. Clothing is a daily need, and even small tax changes can affect prices and business decisions. Under the Goods and Services Tax system, cloth
The discussion around GST on petrol in India has continued ever since the Goods and Services Tax system was introduced. Petrol remains outside the GST framework, even though most goods and services are now taxed under a single system. This has kept f
Tax-free countries in the world attract people who want to reduce their tax burden while enjoying a stable lifestyle. These countries either do not charge personal income tax or offer very limited taxation. For individuals and businesses, this can me
GST on chit funds is a key tax aspect that affects both investors and chit fund operators in India. Chit funds are savings-based financial arrangements where members contribute a fixed amount each month. These schemes are regulated under the Chit Fun
The GST Council members play a key role in shaping India’s Goods and Services Tax system. The GST Council is a constitutional body that brings together the Centre and the States to take joint decisions on GST-related matters. It works as a platform
GST on Online Gaming has been a debated topic in India for several years. The tax treatment has evolved with changes in law, technology, and regulation. With the introduction of the Promotion and Regulation of Online Gaming Act, 2025, the GST framewo
Table 4 of GSTR-3B plays a crucial role in GST compliance as it captures all details related to Input Tax Credit (ITC) for a tax period. Understanding this table is important because it directly impacts the net tax liability of a registered taxpayer.
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