Daily Excelsior

The Importance of Using a GST Calculator for Small Businesses

For small businesses, getting tax calculations right isn’t just about compliance—it’s about staying transparent, avoiding ...
Tax Guru

GST ITC Discrepancy Case: Madras HC Rejects Writ for Being Time-Barred

The Madras High Court dismissed Tvl. Saravana Projects & Co.'s writ against a confirmed GST demand for excess Input Tax Credit (ITC), finding no procedural defects in the order. The court noted the ...

CBI registers corruption case against former BHEL officer

The CBI on Friday announced that it has registered a corruption case against a former senior accounts officer of Bharat Heavy Electricals Limited (BHEL) in Kothagudem, Telangana, and three private ...
Tax Guru

SC Declines to Interfere with SEZ Unit’s Refund of Unutilised ITC under Rule 89

The Supreme Court dismissed the revenue's appeal, affirming an SEZ Unit's right to claim a refund of unutilised Input Tax Credit (ITC) under Rule 89 for exports made under LUT. The question of law ...