TAXO

22/05/2026

Judgement of the day

Once the statutory period for adjudication expires, the proper officer loses jurisdiction to pass any order under Section 74: Delhi High Court

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https://taxo.online/latest-news/22-05-2026-once-the-statutory-period-for-adjudication-expires-the-proper-officer-loses-jurisdiction-to-pass-any-order-under-section-74-delhi-high-court/

Facts of the Case: In this case, a SCN dated 22.09.2021 was issued under Section 74 of the CGST Act for Financial Year 2017-18 alleging wrongful availment of Input Tax Credit and non-compliance with discrepancies earlier communicated through ASMT-10 dated 14.01.2021. The notice also alleged failure....

19/05/2026

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18/05/2026

Daily News & Updates

ITC Available on Construction of Specialized Industrial Support Structure for VCV Manufacturing Line: Gujarat AAR

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https://taxo.online/latest-news/18-05-2026-itc-available-on-construction-of-specialized-industrial-support-structure-for-vcv-manufacturing-line-gujarat-aar/

Facts of the Case: In this case, the applicant “Polycab India Limited”, engaged in the manufacture and supply of Extra High Voltage (EHV), Medium Voltage (MV), Low Voltage (LV) power cables, optical fibre cables and allied products, proposed to establish a new manufacturing facility for producti...

15/05/2026

“Don’t miss our Prime Time Session—get the latest GST judgments explained, live and simplified.”

Topic: 👉 Latest Amendments and Judgement Under GST

Date: 15th May 2026, Friday Time: 4 PM Onwards
Speaker: CA Dr. Atul Kumar Gupta

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05/05/2026

Daily News & Updates

SEBI urges GST Council to fix tax issues in commodity derivatives

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https://taxo.online/latest-news/05-05-2026-sebi-urges-gst-council-to-fix-tax-issues-in-commodity-derivatives/

The Securities and Exchange Board of India (Sebi) has made a representation to the secretariat of the Goods and Services Tax (GST) Council to resolve long-standing tax issues faced by investors trading in physically settled commodity derivatives. “There are problems that we have flagged in commodi...

02/05/2026

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01/05/2026

Judgement of the day

Bombay High Court Allows Retrospective Application of Amended Refund Formula for Inverted Duty Structure

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https://taxo.online/latest-news/01-05-2026-bombay-high-court-allows-retrospective-application-of-amended-refund-formula-for-inverted-duty-structure/

Facts of the case: In this case, the petitioner, an unincorporated joint venture engaged in metro rail construction works for MMRDA, was registered under GST and discharged tax at 12% on output works contract services. However, it procured inputs and input services at higher tax rates (18% and 28%),...

29/04/2026

Judgement of the day

AFFILIATION FEES ARE STATUTORY LEVIES AND LACK THE ESSENTIAL ELEMENT OF CONSIDERATION; HENCE, THEY CANNOT BE TAXED AS A SUPPLY: BOMBAY HIGH COURT

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https://taxo.online/latest-news/29-04-2026-affiliation-fees-are-statutory-levies-and-lack-the-essential-element-of-consideration-hence-they-cannot-be-taxed-as-a-supply-bombay-high-court/

Facts of the Case: In this case, the petitioner is a statutory university established under the Maharashtra Public Universities Act, 2016, was subjected to GST demand under Section 74 of the CGST Act on affiliation fees collected from colleges for the period 2017–18 to 2022–23. The department is...

28/04/2026

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22/04/2026

Daily News & Updates

GSTN issued Advisory regarding Introduction of IMS Offline Tool

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https://taxo.online/latest-news/22-04-2026-gstn-issued-advisory-regarding-introduction-of-ims-offline-tool/

The GSTN has issued an Advisory dated 21.04.2026, to informed about the introduction of an Offline Tool for the Invoice Management System (IMS) to enhance taxpayer convenience and streamline compliance. The IMS, originally launched from the October 2024 tax period, allows recipient taxpayers to acce...

21/04/2026

Daily News Updates

GOVERNMENT IS CONSIDERING EXTENSION OF FILING DATE OF MONTHLY GSTR 3B (20TH APRIL) BY ONE DAY I.E. 21ST APRIL: GSTN UPDATES

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https://taxo.online/latest-news/21-04-2026-government-is-considering-extension-of-filing-date-of-monthly-gstr-3b-20th-april-by-one-day-i-e-21st-april-gstn-updates/