GSTR-9 Annual Return: Filing Guide, Reconciliation & Common Errors 📌 Quick Answer: GSTR-9 is the annual return that every regular GST taxpayer must file under Section 44 of the CGST Act, read with Rule 80 of the CGST Rules. It consolidates all monthly/quarterly return data (GSTR-1, GSTR-3B, and GSTR-2B) filed during the financial year into […]
Category Archives: Business Model
Business Model
GSTR-1 & GSTR-3B Filing: Due Dates, Late Fees & Corrections Quick Answer GSTR-1 (outward supply return) is governed by Section 37 of the CGST Act read with Rule 59, due on the 11th of the following month (monthly filers) or 13th of the month following the quarter (QRMP filers). GSTR-3B (summary return with tax payment) […]
E-Way Bill Penalty: Detention & Release Under Section 129 📌 Quick Answer Section 129 of the CGST Act authorises detention and seizure of goods transported in contravention of GST provisions — most commonly for e-way bill violations under Rule 138. The penalty post the Finance Act 2024 amendments is 200% of the tax payable where […]
ITC Denial: GSTR-2B Mismatch & Appeal Strategy Quick Answer Input Tax Credit denial due to GSTR-2B mismatch is the single largest category of GST disputes in India. The department denies ITC under Section 16(2)(c) of the CGST Act when the supplier has not uploaded invoices in GSTR-1 or has not paid the tax collected. At […]
GST Registration Cancellation & Revocation Procedure Under Section 29 and Section 30 Quick Answer GST registration cancellation under Section 29 of the CGST Act can be initiated by the taxpayer (voluntary) or by the proper officer (suo motu). Section 30 provides the remedy — revocation of cancellation within 30 days (extendable to 90 days) by […]
GST Advance Ruling: AAR & AAAR Procedure Under Sections 95-106 CGST Act Quick Answer The Advance Ruling mechanism under Sections 95 to 106 of the CGST Act allows any registered person or a person desirous of obtaining registration to seek a binding ruling from the Authority for Advance Ruling (AAR) on questions of classification, rate, […]
ITAT Appeal: Procedure, Fees, Stay Application & Form 36 Guide Quick Answer The Income Tax Appellate Tribunal (ITAT) is the second appellate authority under the Income Tax Act, 1961 — and in practice, the most important one. Appeals to the ITAT are filed under Section 253 in Form 36 within 60 days of the CIT(A) […]
Income Tax Raid: Section 132 Search & Seizure, Block Assessment Under Section 153A & 153C Quick Answer An Income Tax raid under Section 132 of the Income Tax Act, 1961 is a search and seizure operation authorised by the Principal Director General or Director General of Income Tax when there is reason to believe that […]
Trademark Registration India: Process, Fees, Timeline & Objection Handling (2026) Quick Answer Trademark registration in India is governed by the Trade Marks Act, 1999 (as amended) and the Trade Marks Rules, 2017. A trademark protects brand names, logos, taglines, sounds, and other distinctive marks from unauthorised use. The registration is filed online through the IP […]
FSSAI Food Licence: Registration vs State vs Central Licence (2026) Quick Answer The Food Safety and Standards Authority of India (FSSAI) requires every food business operator (FBO) to obtain either a Registration or a Licence under the Food Safety and Standards Act, 2006 and the Food Safety and Standards (Licensing and Registration of Food Businesses) […]