GST Lottery Validity: The levy of GST on lotteries has been a contentious issue since the introduction of the Goods and Services Tax in India. Under the CGST Act, Section 2(52), the definition of “goods” was expanded to include “actionable claims”, with certain exclusions. While most actionable claims were exempt, lotteries, betting, and gambling were […]
Mohit Minerals Case Summary: The Goods and Services Tax (GST) regime was introduced to create a unified tax system in India. However, its implementation also led to disputes, particularly in import transactions. One of the most debated issues was the levy of Integrated Goods and Services Tax (IGST) on ocean freight under the Reverse Charge […]
GST Relief on Commute: Making Mobility Affordable for Every Indian GST Relief for Mobility Sector in 2025: Mobility is at the heart of daily life—whether it is a student cycling to class, a family buying their first car, or a delivery partner navigating city streets. Recognizing this, the 56th GST Council meeting has delivered a […]
GST 2.O – Next Gen GST 2025: India’s Goods and Services Tax (GST) regime has entered a new era with next-generation reforms announced at the 56th GST Council Meeting on 3rd September 2025. These reforms, described as “citizen-centric and business-friendly”, are designed to empower small taxpayers, MSME industries, and new entrepreneurs by reducing compliance burdens […]
Historic Diwali Gift to the Common Man: The 56th GST Council meeting, chaired by Union Finance Minister Smt. Nirmala Sitharaman, delivered a series of sweeping tax reforms designed to bring direct relief to the common man. From cheaper insurance to reduced taxes on food, medicines, and household essentials, the reforms underline the government’s commitment to […]
GST Exemption on Life and Health Insurance: In a landmark decision, the 56th GST Council meeting chaired by Union Finance Minister Smt. Nirmala Sitharaman has approved complete exemption from Goods and Services Tax (GST) on all life and health insurance policies, including reinsurance. This bold reform is not just about tax relief—it is about making […]
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