BLOG

Restaurants & Cloud Kitchens – Input Tax Credit Blockage & Composite Supply Issues under GST 2025 Simplified

by
Input Tax Credit Blockage

Restaurants and cloud kitchens have become one of the fastest-growing segments in India’s food industry.With the support of food delivery platforms like Zomato, Swiggy, and Uber Eats (now merged), even small kitchens can reach thousands of customers.However, GST has brought specific challenges for this sector — mainly Input Tax Credit Blockage and classification disputes due … Read more

CBDT Crackdown on Fake Donations – Section 80G Misuse Simplified (With Real Cases & Legal Details)

by
Fake Donations

The Central Board of Direct Taxes (CBDT) is taking strong action against fake donations being claimed under Section 80G of the Income Tax Act, 1961. While Section 80G was introduced to encourage genuine philanthropy, investigations have revealed that some charitable trusts and donors are misusing it to evade taxes.This misuse not only causes loss to … Read more

GST on Online Gaming And Casinos 28% Rule 2025- Simplified

by
GST on Online Gaming And Casinos

GST on Online Gaming and Casinos in India have faced big changes after the government applied 28% GST. Whether it’s fantasy sports, rummy, poker, or casinos, this high tax rate has created confusion and debate. 1. Legal Basis of the 28% GST Rule The 28% GST rate is based on: 2. What is the 28% … Read more

Import of Goods under GST – Step-by-Step with Tax Rules 2025- Simplified

by
Import of Goods under GST

1. What is Import of Goods under GST? According to Section 2(10) of the IGST Act, “Import of goods” means bringing goods into India from outside the territory of India. It includes goods brought by air, sea, courier, or post, for business or personal use. Example:You import plastic granules from Singapore to Delhi Port – … Read more

Form 27Q & Form 15CB Filing – Common Errors & Penalties 2025- Simplified

by
Form 27Q

Dealing with foreign payments? Then you’re likely familiar with Form 27Q and Form 15CB under the Indian Income Tax Act. But small errors in filing can lead to hefty penalties, TDS mismatches, or even payment blocks by banks. What is Form 27Q? Form 27Q is a TDS return for non-residents (including NRIs and foreign companies).It … Read more

Section 43B(h) – MSME Payment Rule Now in Force | 45 Days Rule 2025- Simplified

by
MSME Payment Rule

If your business purchases goods or services from MSMEs, the new Income Tax rule under Section 43B(h) can directly impact your tax calculation. Starting from FY 2024–25, delayed payments to MSMEs can lead to disallowed expenses and increased taxable income. What is Section 43B(h)?(MSME Payment Rule) Section 43B(h) mandates that: Payments to registered MSMEs must … Read more

NRI Taxation 2025 – DTAA, 120-Day Rule, RNOR & Tie-Breaker- Simplified

by
NRI Taxation 2025

Are you an NRI earning income both in India and abroad?Are you worried about paying double tax or getting income tax notices from India?This blog explains everything about NRI Taxation 2025 — including the new 120-day rule, DTAA, residential status, foreign income taxability, and tie-breaker rule. 1. Who is an NRI under Indian Income Tax … Read more

GST Refund on Export of Goods – Delay Issues, Rejection Reasons & 2025 Rules

by
GST Refund on Export of Goods

Exports are zero-rated under GST. This means exporters don’t pay tax on goods they export — but what about the input GST they paid on purchases? That’s where refunds come in. This blog explains the refund process, two methods, documents needed, and what to do if refund is not credited or delayed. Two Ways to … Read more

GST on Advances & Time of Supply Explained 2025- Simplified

by
GST on Advances

If you receive advance payments from customers – either for goods or services – you need to understand how GST on Advances applies. The time of supply determines when you must pay GST to the government. What is “Time of Supply” Under GST? Time of Supply under GST means the point at which a supply … Read more

GST Refunds on Export of Services – With or Without LUT 2025- Simplified

by
GST Refunds on Export of Services

Exporting your services outside India? Then you must know how GST refunds on export of services. Many startups, freelancers, IT companies, and consultants export services to clients abroad — but face confusion on LUT, IGST refund, bank realization, and refund rejection. This blog will explain everything with real-life examples, legal sections, and practical tips for … Read more