Bizsol Update

Judicial Corner:ITC Blocking Under Rule 86A Automatically Lapses After One Year { M/s Metal Trade Incorporation v. State Tax Officer 2026 LLBiz HC (Mad) 244 W.P. No.: 35866 of 2023}(16.09.2026)

Bizsol Update / By

ITC Blocking Under Rule 86A Automatically Lapses After One Year { M/s Metal Trade Incorporation v. State Tax Officer 2026 LLBiz HC (Mad) 244 W.P. No.: 35866 of 2023} Facts: Petitioner’s ITC was blocked by the department under Rule 86A(1) of the CGST Rules. The restriction continued even after one year from the date of …

Judicial Corner:ITC Blocking Under Rule 86A Automatically Lapses After One Year { M/s Metal Trade Incorporation v. State Tax Officer 2026 LLBiz HC (Mad) 244 W.P. No.: 35866 of 2023}(16.09.2026) Read More »

Bizsol Update (September 2026)

Bizsol Update / By

Bizsol Update for the month September 2026. From the Desk of Chairman Article on ‘STARE DECISSIS ON TRIAL BINDING FORCE OF JUDICIAL CONVENTIONS UNDER THREAT’ , by CS Venkat R Venkitachalam, Chairman, Bizsolindia Services Pvt. Ltd. Article on ‘Maharashtra Global Capability Centre (GCC) Policy, 2025 – Operational Guidelines Issued: Eligibility, Incentives and Implementation Framework’ , …

Bizsol Update (September 2026) Read More »

Judicial Corner: No Profiteering Where Additional ITC Benefit Passed on to Homebuyers { Director General of Anti-Profiteering v. Samridhi Realty Pvt. Ltd TS-542-GSTAT(DEL)-2026-GST} (01.08.2026)

Bizsol Update / By

No Profiteering Where Additional ITC Benefit Passed on to Homebuyers { Director General of Anti-Profiteering v. Samridhi Realty Pvt. Ltd TS-542-GSTAT(DEL)-2026-GST} Facts Proceedings were initiated against the developer alleging that it had failed to pass on the benefit of additional Input Tax Credit to homebuyers as required under Section 171 of the CGST Act. During …

Judicial Corner: No Profiteering Where Additional ITC Benefit Passed on to Homebuyers { Director General of Anti-Profiteering v. Samridhi Realty Pvt. Ltd TS-542-GSTAT(DEL)-2026-GST} (01.08.2026) Read More »

Bizsol Update (June 2026)

Bizsol Update / By

Bizsol Update for the month June 2026. From the Desk of Chairman Article on ‘The Insolvency & Bankruptcy Code – A Legislative Measure Worth Defending Not Romanticising’ by CS Venkat R Venkitachalam, Chairman, Bizsolindia Services Pvt. Ltd Changes in GST, FTP, Central Excise, Customs, Income Tax, Service Tax, MVAT, Company law, FEMA/ RBI , SEZ. Important …

Bizsol Update (June 2026) Read More »

Bizsol Update ( May 2026)

Bizsol Update / By

Bizsol Update for the month May 2026. From the Desk of Chairman Article on ‘FORCE MAJEURE -The Law of the Unexpected’ by CS Venkat R Venkitachalam, Chairman, Bizsolindia Services Pvt. Ltd Article on ‘GSTAT – A New Era in GST Litigation: Implementation, Structure, Functions and Expected Relief’ by Adv. Nidhi Nawal, Director, Bizsolindia Services Pvt. …

Bizsol Update ( May 2026) Read More »

GSTAT : The Goods and Services Tax Appellate Tribunal (GSTAT) has released two key updates regarding leadership appointments and recruitment (25.03.2026)

Bizsol Update / By

GSTAT Update: New Appointments & Shortlisted Candidates The Goods and Services Tax Appellate Tribunal (GSTAT) has released two key updates regarding leadership appointments and recruitment: Vice-President Designations Under Office Order No. 01/2026, the President of India has designated 22 Judicial Members as Vice-Presidents of their respective State Benches. Key appointments include: • Maharashtra & Goa: …

GSTAT : The Goods and Services Tax Appellate Tribunal (GSTAT) has released two key updates regarding leadership appointments and recruitment (25.03.2026) Read More »

Bizsol Update (March 2026)

Bizsol Update / By

Bizsol Update for the month February 2026. From the Desk of Chairman 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 Article on ‘Export Promotion Mission (EPM) – DGFT’s New Framework for Strengthening India’s …

Bizsol Update (March 2026) Read More »

DGFT: DGFT has amended India’s export policy relating to Red Sanders (Pterocarpus Santalinus) vide Notification dated 4th November 2025. The export of Red Sanders wood in log form and roots continues to remain restricted and is permitted only if sourced from cultivation origin obtained from private land (including Patta land), subject to obtaining a Restricted Export Authorisation. (05.11.2025)

Bizsol Update / By

DGFT DGFT has amended India’s export policy relating to Red Sanders (Pterocarpus Santalinus) vide Notification dated 4th November 2025. The export of Red Sanders wood in log form and roots continues to remain restricted and is permitted only if sourced from cultivation origin obtained from private land (including Patta land), subject to obtaining a Restricted …

DGFT: DGFT has amended India’s export policy relating to Red Sanders (Pterocarpus Santalinus) vide Notification dated 4th November 2025. The export of Red Sanders wood in log form and roots continues to remain restricted and is permitted only if sourced from cultivation origin obtained from private land (including Patta land), subject to obtaining a Restricted Export Authorisation. (05.11.2025) Read More »

Bizsol Update (August 2025)

Bizsol Update / By

Bizsol Update for the month August 2025. From the Desk of Chairman Article on ‘The Jurispudence of Voluntary Transfers-Demystifying Settlement Deeds, Gift Deeds and Wills’, by CS Venkat R Venkitachalam, Chairman, Bizsolindia Services Pvt Ltd Changes in GST, FTP, Central Excise, Customs, Income Tax, Service Tax, MVAT, Company law, FEMA/ RBI , SEZ. Important due …

Bizsol Update (August 2025) Read More »

Bizsol Update (July 2025)

Bizsol Update / By

Bizsol Update for the month June 2025. From the Desk of Chairman Article on ‘THE SANITY OF MADNESS – The Art of Weaponizing Irrationality in Global Power Games’, by CS Venkat R Venkitachalam, Chairman, Bizsolindia Services Pvt Ltd Article on ‘Production Incentive Scheme for Electric Automobile Vehicles needs relaxation’, by CA Sharvan Biyani, Sr. Advisor, …

Bizsol Update (July 2025) Read More »

Bizsol Update (June 2025)

Bizsol Update / By

Bizsol Update for the month June 2025. From the Desk of Chairman Article on ‘The Insolvency & Bankruptcy Code on Trial-The Bhushan Steel Judgment: From Closure to Chaos’,  by CS Venkat R Venkitachalam, Chairman, Bizsolindia Services Pvt Ltd Article on ‘Crucial Role Of Resolution Professional In Statutory Compliance Under Insolvency And Bankruptcy Code (Ibc), 2016’ …

Bizsol Update (June 2025) Read More »

Bizsol ProfileContactUseful LinksSubscribe