Bizsol Thinkline

Concessional BCD on Supplies from SEZ to DTA – A Strategic Relief with Compliance Conditions Introduction In pursuance of the Union Budget 2026-27 announcement to address the concerns faced by the manufacturing units in the Special Economic Zones (SEZ) due to ongoing global trade disruptions, the Central Board of Indirect Taxes and Customs (CBIC) introduced …

Article on ‘Concessional BCD on Supplies from SEZ to DTA – A Strategic Relief with Compliance Conditions’ by CA Vinay Jain, Sr. Advisor, Bizsolindia Services Pvt Ltd.(April 2026) Read More »

It is generally believed and rightly so, that the shareholders of a joint stock company are the ultimate authority on all matters pertaining to the company in which they are members.  It turns out that it is not so, for one particular reason as per the Supreme Court of India. In a recent landmark judgment, …

From the Desk of Chairman ( April 2026) Read More »

Amendments to the Companies Act, 2013 – Journey So Far Year Nature of Amendments 2013 Enactment of the Revised Companies Act 2015 First set of Amendments – Minor Corrections 2017 Decriminalisation of Minor Offences, Governance Reforms 2019 NCLT Related Amendments 2020 Covid Era Reforms – Digital Meetings, Ease of Compliance 2026 Now in Proposal Stage …

Article on ‘The Corporate Laws Amendment Bill, 2026 – A New Playbook In The Making’ by CS Venkat R Venkitachalam, Chairman, Bizsolindia Services Pvt. Ltd. (April 2026) Read More »

Introduction A long-standing provision in GST has finally been revisited with the omission of Section 13(8)(b) of the IGST Act through the Finance Act, 2026. This provision had, for years, denied export status to intermediary services by deeming the place of supply to be in India, even where services were rendered to overseas clients. With …

Article on ‘Intermediary Services under GST: Impact of amendment on Cross-Border Transactions and Transitional Challenges’, By CA Siddhi Baheti, & CA Anuj Gandhi (April 2026) Read More »

Let’s be honest — anyone who has dealt with Indian Customs knows the sinking feeling of spotting an error in a Bill of Entry after the goods have already been cleared. Maybe it was a wrong HS code. Maybe an exemption notification was applied incorrectly. Maybe royalties weren’t factored into the assessable value. Whatever the …

Article on ‘Post-Clearance Revision of Customs Entries’ by CA Abhishek Malpani, Sr. Advisor, Bizsolindia Services Pvt. Ltd. (April 2026) Read More »

  Introduction Manufacturing businesses in India frequently rely on imported raw materials, components, and capital goods. Under the traditional customs framework, import duty is required to be paid at the time of clearance of goods, which often results in significant working capital blockage for importers. In order to ease this burden and promote trade facilitation, …

Article on “Deferred Payment of Customs Duties: Expansion of Facility to Eligible Manufacturer Importers (EMI)” by CA Manoj Malpani Read More »

Background: Under the Companies Act, 2013, every company is mandatorily required to file its Annual Return (Section 92) and Financial Statements (Section 137). The fees for filing such returns, statements and documents are prescribed under Section 403 of the Companies Act, 2013 read with the Companies (Registration Offices and Fees) Rules, 2014. W. e. f. …

Article on “Companies Compliance Facilitation Scheme, 2026 (CCFS-2026)” by CS Anita Patil Read More »

Jammu & Kashmir’s (J&K) triumphant Ranji Trophy victory in the 2025-26 season marks a historic milestone – for them and for us. J&K clinched the title for the first time in the domestic tournament’s storied 90-year history. Led by captain Parvez Rasool and standout performer Aquib Nabi, who claimed a nine-wicket haul in the final …

From the Desk of Chairman (March 2026) Read More »

David vs Goliath: In the heart of Vernon Hills, Illinois, Learning Resources Inc., has quietly crafted educational toys and hands-on learning tools ever since 1984. Specialising in products that spark curiosity – from magnetic tiles to science kits, this small privately held company never consciously went out of its way to seek out the limelight. …

Article on ‘Trump Goes to Learning Resources for Elementary Lessons on Tariffs – How A Small Toymaker Schooled the President’ by CS Venkat R Venkitachalam, Chairman, Bizsolindia Services Pvt Ltd (March 2026) Read More »

In a significant move to strengthen India’s export ecosystem and enhance the competitiveness of Indian exporters in global markets, the Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, has issued a series of Trade Notices introducing operational guidelines under the Export Promotion Mission (EPM). Through Trade Notices 25 to 29/2025-26 …

Article on ‘Export Promotion Mission (EPM) – DGFT’s New Framework for Strengthening India’s Export Competitiveness, by Mr. Pravin Arote , Director & CEO, Bizsolindia Services Pvt. Ltd. (March 2026) Read More »

The Goods and Services Tax (GST) framework in India increasingly relies on technology to ensure transparency and efficient tax administration. One of the latest technological developments in the GST ecosystem is the Invoice Management System (IMS) introduced by GSTN. The system allows recipients to review invoices uploaded by suppliers and take actions such as acceptance, …

Article on ‘Invoice Management System (IMS) under GST – Transforming Input Tax Credit Compliance through Technology’ by CMA Amit Devdhe, Sr. Advisor, Bizsolindia Services Pvt Ltd (March 2026) Read More »

The Introduction: In a landmark ruling (Tiger Global verdict) this month with far-reaching consequences to India’s efforts to raise global capital, the Supreme Court of India held that investment vehicles are liable to pay Capital Gains Tax on their stake sales even when the deals are routed through Mauritius-based entities and backed by Tax Residency …

Article on ‘TREATY SHOPPING UNDER SEIGE India’s New Compliance Landscape’ by CS Venkat R Venkitachalam, Chairman, Bizsolindia Services Pvt. Ltd. ( February 2026) Read More »

When I switched on my TV set to listen to the world glitterati at Davos, Switzerland on 20th January 26, I had little expectation of any memorable speech forthcoming from any of the global statesmen present there. When Mark Carney, the Canadian Prime Minister approached the podium I had all but switched off my mind …

From the Desk of Chairman (February 2026) Read More »

The Employees’ State Insurance Corporation (ESIC) introduced the Scheme to Promote Registration of Employers and Employees (SPREE) on 01 July 2025 as a one-time measure to bring eligible establishments and employees under the ESIC fold through voluntary compliance. Considering representations from employers and stakeholders, ESIC has extended the SPREE Scheme up to 31 January 2026 …

The Employees’ State Insurance Corporation (ESIC) introduced the Scheme to Promote Registration of Employers and Employees (SPREE) on 01 July 2025 Read More »

The Government of Maharashtra has, vide Government Resolution (GR) No. M/Ind-2023/P.No.187/Udyog-2 dated 31st December 2025, announced the Maharashtra Industries, Investment & Services Policy 2025. The policy marks an important milestone in the State’s industrial and economic roadmap by expanding the focus from manufacturing-led growth to a comprehensive manufacturing, services and innovation–oriented development framework. For several …

Article on ‘Maharashtra Industries, Investment & Services Policy 2025 Key Highlights and Incentive Framework’ by Mr. Pravin Arote, Director & CEO, Bizsolindia Services Pvt Ltd Read More »

Here is wishing you all a Happy and Prosperous New Year! When I sat in front of my computer screen and typing this piece, I was acutely aware of my own undefinable trepidations. Will I continue with my undiluted admiration for our famed judiciary or would I be bitter about it? The reason was today …

From the Desk of Chairman ( January 2026) Read More »

Introduction: In India a Will is defined by Section 2(h) of the Indian Succession Act, 1925 as “the legal declaration of the intention of a testator with respect to his property, which he desires to be carried into effect after his death”. It is a formal and written document through which a person (the testator) …

Article on ‘YOU & YOUR WILL – How Courts Interpret Your Wishes After Your Death in India’, by CS Venkat R Venkitachalam, Chairman, Bizsolindia Services Pvt Ltd (January 2026) Read More »

Hon’ble Prime Minister Shri Narendra Modi convened a pre-Budget consultation meeting with eminent economists and sectoral experts, including individuals with policy and industry experience. The meeting, attended by senior government officials, policy ecosystem experts, and NITI Aayog representatives, focused on seeking inputs and suggestions on “mission‑mode reforms” across sectors to boost growth and efficiency. Hon’ble …

Article on ‘Expectations from Budget 2026-27’ by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt Ltd (January 2026) Read More »