GSTPAM News Bulletin August 2025

GIST OF TRIBUNAL JUDGEMENTS (VAT)

Compiled by

CA Rupa Gami

M/s Rahul Food Products in Vat S.A. No. 97 of 2020 dated 06/01/2025

Excess credit of previous year 2012-13 carried forward to subsequent year 2013-14 is disallowed without assigning any reason. Interest and penalty also levied. Such credit allowed to be carried forward by the Tribunal in the case of Aman Enterprises (Vat S.A. 314 of 2004 dated 20.12.2016). Since an amount up to Rs.500000/- can be carried forward, the order is set aside and appeal allowed. Matter remanded to first appellate authority to recalculate liability after allowing the excess credit so carried forward. (Petitioner represented by Adv. C.B.Thakar)
M/s Vaibhav Vijay Ghuge in M.A. No. 305 of 2004 dated 03/01/2025

Delay in filing of appeal by 1 year and 4 months. Delay caused as the proprietor’s father had suddenly suffered a heart ailment and had to be hospitalised. He had to be shifted to his native place and therefore, the delay was caused. Delay condoned with costs Rs.25000/-.

(Petitioner represented by Adv. V.P. Patkar)
M/s Integr8 Fuel India Pvt. Ltd. in Vat S.A. No. 57 of 2024 dated 23/01/2025

Set off disallowed on account of mismatch/ unmatch ITC. The goods were purchased from M/s G.P. Global Pvt. Ltd. and were sold to M/s SNG Offshore and Marine Services Pvt. Ltd. It was alleged by the Department that M/s G.P.Global had not filed the return and not shown sales to the appellant. The appellant submitted the complete trail of goods being purchased from the original source to the last consuming dealer. The goods were sold by M/s HPCL to M/s G.P.Global and G.P.Global sold it to the appellant ant the appellant sold it to SNG Offshore. The purchase invoice of M/s G.P. Global and the bunker delivery note issued by M/s HPCL revealed all the three names. Therefore, it was submitted that in case tax levied by M/s G.P.Global was not allowed, then the tax paid by M/s HPCL be allowed as set off on a proper understanding of section 48(5). The appellant cited the case of M/s Amruta Print Arts, Vat S.A. No. 716 of 2017 dated 14/03/2022 where on similar facts, set off was allowed. The Tribunal observed that on interpreting the wordings of section 48(5), it does not speak of a particular transaction but speaks about the amount of tax actually paid in relation to same goods earlier than the transaction. Thus, when the amount is received in the government treasury, set off is allowable. However, tax on profit earned by M/s G.P.Global on the sales made to the appellant has not been received in the government treasury and therefore, to that extent, the appellant would not get that much set off.

(Petitioner represented by STP D.B.Talati)
M/s Sanman Trade Impex Ltd. in Vat S.A. Nos. 20 to 25 of 2024 and M/s Veritas India Ltd. in Vat S.A. No. 26 of 2024 decided on 16/01/2025

The claim of sales in the course of imports under the second limb of section 5(2) is disallowed in assessment and the same is confirmed in first appeal. These sales were treated as local sales or interstate sales as the case may be. The disallowance of appellants’ claims of tax exemption under the second limb of section 5(2) of the CST Act was on account of Bonded warehouse sales (ie. sales made by transfer of documents of title to goods while the goods were stored in the bonded warehouse prior to their clearance for home consumption). This issue was decided by the Tribunal against the revenue in the case of M/s Radha Sons International S.A. 1358 and 1359 of 2003 dated 19/10/2017, M/s Liberty Oil Mills ltd. SA 28 of 2006 dated 13/09/2012 thereby holding that such ‘Bonded Warehouse Sales’ are allowable as exempt from tax u/s 5(2) of the CST Act, having regard to the principle laid down by the Supreme Court in the case of M/s Kiran Spinning Mills (113 ELT 753). The Assessing authority however disallowed the claim and the appellate authority upheld it relying on the Bombay High Court judgement of Radha Sons dated 08/02/2019 (64 GST 404).

The Tribunal relying on the Bombay High Court judgement in the case of M/s United Spirits Ltd. (2022 SCC online Bom 941) which is based on the ratio laid down by the Supreme Court in the case of Kiran Spinning Mills (10 SCC 228) and M/s Hotel Ashoka ITDC (3 SCC 204) and Madras High Court judgment in the case of M/s State Trading Corpn. (129 STC 294), held that Bonded Warehouse Sales were allowable as exempt under the second limb of section 5(2) of the CST Act. (Petitioner represented by Adv. V. P. Patkar)
M/s Clariant India Ltd. in Vat S.A. No. 213 of 2022 dated 20/01/2025 Compensation received on cancellation of orders was taxed by the assessing authority and confirmed by the appellate authority. Since the appellant had received orders, it had made all the preparation to fulfil the orders and when the orders were cancelled, the appellant after much deliberation could receive the compensation from the party. The compensation so received was not against any sale of goods and was not taxable. The appellant relied on the Supreme Court in the case of M/s Vania Silk Mills dated 14/08/1991 wherein it was held that “when an asset is destroyed, there is no question of transfer of it to other. Also, reliance was placed on the Tribunal decision in the case of Goenka Trading Company S.A. No. 229 of 2010 dated 14/07/2017 where Exim Scrip were surrendered to SBI and in lieu of that compensation was received. The Hon’ble Tribunal allowed the appeal and set aside the order and remanded for passing consequential order.

(Petitioner represented by CA Sujata Rangnekar)
M/s Neeta enterprises in Vat S.A. No. 108 of 2019 dated 24/01/2025

The appeal is against the interest charged under section 30(2) and (3) and penalty levied under section 29(3) of the MVAT Act. The assessee is a builder and developer and has filed returns after the judgement of Hon’ble Supreme Court on SLP No. 17709 of 2012. He was assessed u/s 23(12) by the Assessing Officer as a builder developer. It was contended by the Revenue that the department had issued a Trade Circular 28T of 2023 wherein it was mentioned that the recovery in the above cases is no longer in abeyance and the trader was requested to come forward and make payment of tax, interest and penalty as the case may be. The Tribunal observed that the interest levied under section 30(2) and 30(3) was proper and penalty under

section 29(3) was not proper. The second appeal was partly allowed. (Petitioner represented by Adv. N.D. Jagtap)
M/s Roman Tarmat Ltd. in Restoration Application No.22 of 2024 dated 24/01/2025

Second Appeal No. 299 of 2022 was dismissed vide order dated 22/08/2024 for non-attendance and non- prosecution. It was contended by the appellant that the non-attendance was due to lack of proper coordination between the appellant and the authorised representative and also due to some gap in the communication between the appellant and the authorised representative. The appellant submitted that the issues were highly technical and dismissing the appeals summarily would fail to do justice to the appellant and restoration would not be prejudicial to the revenue. The appellant relied on the Supreme Court judgement in the case of Collector, Land Acquisition vs. Katiji (66 STC 228 (SC)) where the following principles have been laid down:
1. Ordinarily a litigant does not stand to benefit by lodging appeal late.
2. Refusing to condone delay can result in a meritorious matter being thrown out at the very threshold and cause of justice being defeated.
3. “Every day’s delay must be explained” does not mean that a pedantic approach should be made.
4. When substantial justice and technical considerations are pitted against each other, cause of substantial justice deserves to be preferred for the other side cannot have vested right in the injustice being done because of non-deiberate delay.
5. There is no presumption that delay is occasioned deliberately or on account of culpable negligence or on account of malafides. A litigant does not stand to benefit by resorting to delay.
6. It must be grasped that judiciary is respected not on account of its power to legalize injustice on technical grounds but because it is capable of removing injustice and it is expected to do so.

The Hon’ble tribunal allowed restoration of appeal.

(Petitioner represented by STP D.L.Jadhav)

INCOME TAX UPDATES

Compiled by

By Adv. Ajay Talreja

Smart Ways to Claim Loan Interest Deductions and Stay Clear of Tax Scrutiny

Tax deductions for interest paid on loans play a significant role in personal tax planning, offering relief by reducing taxable income. Taxpayers can claim deductions on the interest paid on home loans and education loans, helping to lower overall tax liability. Under Section 24(b) of the Income Tax Act, individuals can claim deductions on home loan interest, which is available up to 2 lakh for self-occupied properties. Similarly, under Section 80E, taxpayers can claim deductions on education loan interest for higher education, with no upper limit, as long as the loan is repaid within eight years. In Budget 2025, new changes may affect the way these deductions are claimed, depending on the chosen tax regime—old or new. The old tax regime allows these deductions, while the new tax regime does not, which makes it essential to choose the right regime for optimal tax savings. This article will guide you on how to correctly claim these deductions, ensuring compliance and avoiding scrutiny from tax authorities. Understanding Tax Deductions for Interest Paid on Loans Interest on loans can be claimed as a deduction under specific provisions of the Income Tax Act. These deductions are designed to provide relief to taxpayers who have taken loans for various purposes, such as purchasing a house, funding education, or even starting a business. The two most common deductions available for loan interest are for home loan interest and education loan interest. Both come with specific conditions and limits.

Home Loan Interest Deduction: This deduction falls under Section 24(b), allowing taxpayers to claim a deduction on the interest paid on loans taken for purchasing or constructing a house. Education Loan Interest Deduction: Under Section 80E, taxpayers can claim deductions on interest paid on loans taken for higher education. Other loans, such as business loans or personal loans, may have different provisions and criteria for deductions. Taxpayers need to understand the specifics of each deduction to maximize their benefits. Home Loan Interest Deductions: Section 24(b) and Budget 2025 Updates Under Section 24(b) of the Income Tax Act, taxpayers can claim a deduction on the interest paid on home loans. The maximum deduction allowed is 2 lakh per year for individuals and Hindu Undivided Families (HUFs). This deduction applies only if the loan is taken for purchasing, constructing, or repairing a residential property.

Budget 2025 Updates: In the recent Budget 2025, the government has proposed an enhancement in the tax relief available for home loan interest under Section 24(b) to provide greater relief to taxpayers. For the assessment year 2025-26, taxpayers may benefit from increased limits on deductions for home loan interest payments, particularly for those who have taken loans under affordable housing schemes. The changes also focus on streamlining the process for claiming such deductions to reduce compliance burdens. For individuals purchasing or constructing a house, this section allows substantial tax relief, making homeownership more affordable. However, it’s important to remember that the deduction for home loan interest is only available when the taxpayer is the owner of the property.

Education Loan Interest Deductions: Section 80E Section 80E of the Income Tax Act provides deductions on interest paid on loans taken for higher education. Unlike home loan interest deductions, there is no upper limit for the amount of interest that can be claimed. However, the loan must be taken for the purpose of pursuing full-time education for the taxpayer or their family members (spouse, children, or student for whom the taxpayer is a legal guardian). The deduction is available for 8 years or until the interest is paid in full, whichever is earlier.

This means that even if the loan extends beyond eight years, you can continue claiming the deduction until the loan is paid off. The loan must be for higher education at an accredited institution, and the interest paid on the loan during the year can be fully deducted. Other Relevant Deductions for Loan Interest In addition to home and education loans, there are other deductions available for loan interest under specific circumstances:

Business Loan Interest: For businesses, the interest paid on loans taken for business purposes is deductible under Section 37 as a business expense. This helps reduce taxable income and lowers the overall tax burden of the business. Personal Loan Interest: Generally, personal loans do not offer any tax deductions unless they are used for business or income-generating purposes. In such cases, the interest paid may be eligible for deductions under the provisions related to business expenses. Loans for Investment: Interest paid on loans taken for investment purposes, such as purchasing stocks or bonds, is generally not deductible under the Income Tax Act. However, if the loan is taken to invest in a business or a property that generates rental income, the interest can be claimed as a deduction. Each of these deductions has specific eligibility criteria, and it is essential to understand how each provision applies to your financial situation.

New vs. Old Tax Regime: Impact on Loan Interest Deductions The introduction of the new tax regime in India has provided taxpayers with a choice between the traditional old tax regime and the new, simplified tax regime. Under the new tax regime, taxpayers can avail of lower tax rates, but they forfeit most deductions, exemptions, and rebates available under the old tax regime, including those for home loan interest (Section 24(b)) and education loan interest (Section 80E). In contrast, the old tax regime allows taxpayers to claim these deductions, which can significantly reduce their taxable income. Therefore, for taxpayers with significant loan interest payments, the old tax regime may still offer better tax savings. Taxpayers must carefully evaluate which regime is more beneficial for them. In many cases, if the tax deductions for loan interest exceed the difference in tax liabilities between the two regimes, the old tax regime may provide a greater benefit. How to Avoid Scrutiny Notices When Claiming Loan Interest Deductions Claiming loan interest deductions is relatively straightforward, but incorrect claims can trigger scrutiny from the Income Tax Department. To avoid this, taxpayers should: Ensure Proper Documentation: Maintain proof of loan disbursements, interest payments, and the purpose of the loan. For home loans, this includes the loan agreement and payment receipts, while for education loans, the loan sanction letter and payment details are essential. File Accurate Returns: Double-check your ITR to ensure that the correct loan amounts, interest paid, and property details (for home loans) are included. Claim Only Eligible Deductions: Ensure that the loan qualifies for the specific deduction under the Income Tax Act. For example, only home loans taken for residential properties or education loans for higher studies are eligible. File on Time: Avoid delays in filing your return to ensure that the deductions are processed smoothly. By keeping these factors in mind, taxpayers can minimize the risk of receiving notices and ensure that they can enjoy the full benefits of these deductions.

Conclusion :-Tax deductions on interest paid on loans, including home loans under Section 24(b) and education loans under Section 80E, provide significant relief to taxpayers. These deductions not only reduce your taxable income but also encourage saving and investing in property and education. With updates in Budget 2025, these deductions are set to become even more beneficial, particularly for homebuyers. However, it’s important to understand the rules, be mindful of the tax regime you choose, and avoid common mistakes that could trigger scrutiny. By following the guidelines outlined in this article, you can maximize your loan interest deductions while staying compliant with tax regulations.

When Honesty Pays: Income Tax Department’s Action on Fake Claims

Nobody likes paying taxes, but it’s how we build a better country – from roads and schools to hospitals and defense. Most of us understand this and try our best to follow the rules. However, lately, the Income Tax Department (ITD) has noticed a worrying trend: some people are trying to cheat the system by making fake claims for tax deductions.

This isn’t just a minor slip-up; it’s a serious issue that impacts everyone, and the ITD is taking strong steps to stop it.

Why the Recent Focus? Think of it like this: if you’re playing a game, and some players are secretly bending the rules to get ahead, it spoils the game for everyone else. Similarly,when a few individuals make bogus tax claims, it reduces the money available for public services and puts an unfair burden on honest taxpayers. The ITD has been closely watching tax filings and using smart tools, like data analysis and even artificial intelligence (AI), to spot patterns that just don’t add up. They’ve found that these fake claims aren’t always accidental; sometimes, they’re part of organized schemes, often involving people who pretend to be tax advisors but are actually just helping others cheat.

What Kind of Fake Claims Are Being Targeted? The ITD is looking at a wide range of deductions that have been misused.

Here are some common ones: Donations to Political Parties (Section 80GGC): Some people claim they donated money to political parties when they actually didn’t, or the money was routed through a shady network.

House Rent Allowance (HRA) (Section 10(13A)): This is a popular one to misuse. People might submit fake rent receipts or claim rent from a “landlord” who doesn’t even exist or has no proper records.

Health Insurance Premiums (Section 80D): Falsely claiming medical expenses or insurance payments.

Education Loan Interest (Section 80E): Claiming interest paid on a non-existent or ineligible education loan. Other Donations (Section 80G/80GGA): Similar to political donations, some individuals claim donations to charities or for scientific research that never happened. It’s important to remember that these deductions are meant to encourage certain behaviors (like saving for health, education, or charity), but they must be genuine.

How Does This “Fake Claim” Scheme Work?

Investigations have revealed that some unscrupulous individuals, often called “ITR preparers” or “agents,” persuade taxpayers to make false claims. They might: Create temporary email IDs to file many such returns quickly, hoping to avoid detection. Submit false information about tax deducted at source (TDS) to generate large, fake refunds. Simply invent donations or expenses out of thin air, promising a bigger refund in exchange for a cut. These schemes trick people into thinking they’ll get extra money back, but it’s a risky gamble with serious consequences

What Happens if You’re Caught? The Serious Side Making fake tax claims is not worth it. The penalties are severe and can include:

Huge Fines: You could face a penalty of up to 200% of the tax you tried to evade. That means if you tried to avoid paying 1 lakh in tax, you could end up paying 2 lakh in penalties, plus the original tax amount! Interest: You’ll also have to pay interest on the amount of tax you should have paid.

Jail Time: In serious cases, especially if the amount of tax evasion is significant (over 25 lakh), you could face imprisonment ranging from six months to seven years, along with a fine. Even for smaller amounts, it can be three months to two years in jail.

Blacklisting: Tax agents or professionals who help in such scams can lose their licenses and be blacklisted, meaning they can’t practice anymore. What Should Honest Taxpayers Do? If you’ve genuinely made an error or realize you might have claimed something incorrectly (even by mistake or trusting someone else), it’s best to act proactively.

Review Your Returns: Double-check your Income Tax Returns. Make sure every deduction you’ve claimed has proper supporting documents.

Keep Records: Always keep all your financial records, such as bank statements, rent agreements, donation receipts, and insurance premium proofs.

Be Skeptical of “Easy Money” Schemes: If someone promises you a huge refund for a small fee, be very cautious. If it sounds too good to be true, it probably is.

Consult Reputable Professionals: When in doubt, seek advice from a qualified and trusted tax professional, not someone who promises shortcuts. Respond to Notices: If you receive any communication or notice from the Income Tax Department, don’t ignore it. Respond promptly and seek expert advice if needed.

Check AIS & TIS: Look at your Annual Information Statement (AIS) and Taxpayer Information Summary (TIS) before filing your ITR. These documents show what financial information the ITD already has about

you, helping you ensure your filing is accurate.

Rajendra Shangari Vs DCIT (ITAT Kolkata)

Income Tax Appellate Tribunal (ITAT) Kolkata bench has ruled in favor of assessee Rajendra Shangari, stating that an Assessing Officer (AO) cannot make additions to income based on alleged bogus purchases without first rejecting the assessee’s books of account or disputing reported sales. The Tribunal’s decision effectively deletes an addition of Rs. 38,46,188/- made by the AO for the assessment year 2018-19. The case involved Rajendra Shangari, an individual engaged in contractual work for Tata Steel and the state government. For the assessment year 2018-19, Mr. Shangari filed his return declaring an income of Rs. 2,58,20,920/-. Subsequently, the AO initiated proceedings under Section 148 of the Income Tax Act, completing the assessment under Section 147 read with Section 144B. The AO added Rs. 38,46,188/- to Mr. Shangari’s income, categorizing this amount as “bogus purchase.” Mr. Shangari appealed the AO’s order before the National Faceless Appeal Centre (CIT(A)), but his appeal was dismissed, and the reassessment order was upheld. Aggrieved by this decision, he then filed an appeal with the ITAT Kolkata. The core of Mr. Shangari’s argument before the ITAT was that both the AO and the CIT(A) erred by upholding the addition when his books of account had not been rejected. His representative emphasized that the assessee’s audited books were accepted during the assessment proceedings, and the AO had accepted the declared income and sales figures. The contention was that it is impermissible to selectively dispute purchase figures without any cogent material, especially when the corresponding revenue from sales is accepted. The representative argued that such an approach violates principles of natural justice, as the AO cannot accept sales on one hand and reject corresponding purchases on the other. The Departmental Representative, on the other hand, did not present any arguments to counter the factual submissions made by Mr. Shangari’s representative, merely supporting the decisions of the lower authorities. After reviewing the submissions and available records, the ITAT found merit in the assessee’s arguments. The Tribunal observed that the AO’s addition was based solely on the claim of bogus purchases, while simultaneously not rejecting the books of account or disputing the sales or income declared by the assessee. The ITAT concluded that if the revenue declared by the assessee is accepted, the corresponding purchases must also be accepted. Therefore, the Tribunal held that the AO’s action of rejecting purchases while accepting sales was not legally sustainable.

Ramjibhai Kesaraji Patel Vs ITO (ITAT Ahmedabad)

In a recent ruling, the Income Tax Appellate Tribunal (ITAT) Ahmedabad Bench has partly allowed an appeal filed by Ramjibhai Kesaraji Patel, significantly reducing an addition made by the Assessing Officer (AO) for alleged bogus purchases. The ITAT’s decision, issued on July 17, 2025, addresses both procedural issues, specifically the delay in filing the appeal before the Commissioner of Income-tax (Appeals) [CIT(A)], and the substantive matter of bogus purchase disallowance. The case for Assessment Year (AY) 2018-19 began with the assessee filing a return declaring an income of 4,96,960. Subsequently, the case was reopened under Section 147 of the Income-tax Act, 1961, and reassessment was completed on March 15, 2023. During this reassessment, the AO determined the total income at 21,25,604, making an addition of 15,28,644 under Section 69C, citing alleged bogus purchases from entities including Raghav Traders, Helly Enterprises, and Laxmiraj Enterprises.

When the assessee appealed to the CIT(A), the appeal was dismissed in limine, meaning it was rejected at the outset, due to a delay in filing without any explanation provided by the assessee. Assessee’s Arguments and Documentary Evidence Before the ITAT, the assessee’s authorized representative (AR) argued that the purchases in question were genuine. The AR highlighted that during the original assessment proceedings, complete details of purchases from Laxmiraj Enterprises and Raghav Traders were submitted to the AO via a paper book uploaded on February 17, 2023. These submissions included VAT invoices, bank statements, and audited books of accounts, which, according to the AR, substantiated the genuineness of the transactions. The AR emphasized that the assessee’s books of accounts were duly audited, the purchases were subject to the VAT regime, and all payments were made through banking channels, indicating legitimate business operations. Furthermore, it was pointed out that the AO had accepted the sales declared by the assessee and had not questioned the genuineness of the purchases themselves, only labelling them as ‘bogus’.

Judicial Precedents and ITAT’s Decision The ITAT considered the submissions and the documentary evidence presented. While acknowledging that concerns might exist regarding the genuineness of certain suppliers, particularly in the context of accommodation entry providers, the Tribunal referred to a series of judicial precedents from the Gujarat and Bombay High Courts. These precedents consistently hold that in cases of suspected bogus purchases, the entire value should not be disallowed. Instead, only the profit element embedded within such purchases, representing unexplained or unverifiable expenditure, should be taxed to prevent revenue leakage. The AR relied on several key judgments:

CIT vs. Simit P. Sheth [(2013) 356 ITR 451 (Guj.)]: This case established that only the profit embedded in purchases is taxable, with the Tribunal’s 12.5% estimation being upheld.

CIT vs. Surya Impex [(2023) 451 ITR 395 (Guj.)]: Here, it was held that if the AO applied 3%-5% on similar parties, restricting the addition to 6% was appropriate.

CIT vs. Jigisha Satishkumar Mehta [(2023) 456 ITR 661 (Guj.)]: This ruling upheld a 5% disallowance without independent inquiry.

Vijay Trading Co. vs. ITO [(2016) 388 ITR 377 (Guj.)]: In this instance, only a profit element of 25% was added, not the full purchase value.

CIT vs. S.V. Jiwani [(2022) 449 ITR 583 (Bom.)]: For accommodation entries, a 12.5% disallowance was confirmed. Other cases cited included CIT vs. Shah Virchand Govanji Jewellers Pvt. Ltd. [(2023) 169 taxmann.com 89],

Sanjay Oilcake Industries vs. CIT [(2009) 316 ITR 274 (Guj.)], and Vijay Proteins Ltd. vs. CIT [(1996) 58 ITD 428 (Ahd.)]. In light of these well-established legal propositions and considering the specific facts of the case, the ITAT deemed it fair and reasonable to restrict the disallowance to 8% of the impugned purchase amount of 15,28,644/-. The Tribunal’s decision not only provides relief to the assessee by significantly reducing the tax liability but also reiterates the principle that tax authorities must base their additions on concrete evidence and established legal frameworks, particularly concerning alleged bogus purchases. The ITAT effectively set aside the matter and gave relief on merits.

SPREE – ESIC Updates

Compiled by

By CA Aloke R. Singh

SPREE 2025- A UNIQUE GATEWAY PROVIDED BY ESIC

SPREE 2025, also known as the Scheme for Promotion of Registration of Employers and Employees, is a special initiative by the Ministry of Labour & Employment, Govt. of India, through the Employees’ State Insurance Corporation (ESIC), aimed at expanding social security coverage. It offers a one-time opportunity for unregistered employers and employees, including contractual and temporary workers, to enrol in the ESI system without facing penalties or demands for past dues. The scheme is active from July 1 to December 31, 2025.

Key features of SPREE 2025:

Voluntary Registration: Employers can digitally register their units and employees through the ESIC portal.

No Retrospective Penalties: Registration is considered valid from the date declared by the employer, and no contributions or benefits apply for periods prior to registration.

No Inspections for Past Periods: No inspections or demands for past dues will be made for the pre-registration period.

Focus on Inclusion: The scheme specifically targets unregistered employers and workers, including those in contract and temporary roles, to bring them under the ESI fold.

Simplified Process: The scheme aims to simplify the registration process and encourage voluntary compliance by removing the fear of retrospective penalties.

Benefits of SPREE 2025:

Expanded Social Security Coverage: Brings more employers and workers under the ESI system, increasing access to healthcare and social security benefits.

Reduced Burden on Employers: Eliminates the risk of past dues and inspections, making it easier for employers to comply with ESI regulations.

Protection for Employees: Ensures that more workers, including those in informal sectors, can access ESI benefits such as sickness benefits, maternity benefits, and disability benefits.

In essence, SPREE 2025 is a proactive measure by ESIC to promote wider participation in the ESI scheme by offering a user-friendly and risk-free registration process for those who were previously not covered.

What is SPREE 2025?

SPREE 2025 is a one-time special initiative by ESIC to encourage self-registration of unregistered employers and those who have not registered all eligible employees with ESIC.

Duration: 1st July to 31st December 2025

Objective: Expand social security coverage under the ESI Act without any contributions, penalties and legal action for the previous period.

Who can Benefit?

Employers:

Those with factories or establishments [shops, hotels & restaurants, cinema halls, Road Motor Transport Establishments, Newspaper Establishments, Private Medical Institutions, educational institutions and contract & casual employees of municipal corporations) with 10 or more persons in ESIC implemented areas.

Who haven’t registered all eligible employees

How to Register?

Visit: www.esic.gov.in

For more help visit: https://portal.esic.gov.in/ESIClnsurance1/ESIClnsurancePorta1/Employer_Employee_registration_through_portal.pdf

Shram Suvidha Portal: https://registration.shramsuvidha.gov.in/user/register

MCA Portal: www.mca.gov.in

Key Benefits for Employers

Hassle- free registration process.

Online Registration via ESIC Portal, Shram Suvidha or MCA
Without any demand for contribution of previous period and without any penality
Production of any records and inspection for the prior period is not required.
No legal action for the previous period.

Employees:

Avail the social security benefits under ESI Act from the date of registration.
Medical Care- Primary, Secondary and Tertiary medical benefit for self and family.
Cash benefits for sickness, maternity and injury or death during the course of employment
Reservation of seats in ESIC medical/dental colleges under ward of IP scheme

Coverage Date

Coverage of employer will commence on the date specified by the employer.

Don’t miss opportunity

TAX PLANNING

Compiled by

By Mr. Tushar P. Joshi

Generally, when Tax savings are done in hurry, in a herd mentality or on the advice of a bank relationship manager, it is realized later on that a wrong choice was made.

For tax saving investments everyone gets a time from 1st April of the financial year. So, one full year is at your disposal

to decide the asset where investment can be done. Generally following are the investments considered to save income tax.

Public Provident Fund.
Life Insurance Premiums
Mutual Fund Equity Linked Savings Schemes
Principal Repaid in Housing Loan
Bank Fixed Deposit

An amount of Rs. 150,000 is available as a deduction from your income. Generally, all salaried employees are required to submit a proof of the above investment latest by February end. My suggestion is always to plan the investment at the beginning of the year, that is, from the month of April and a proper advice from an investment advisor is suggested. It is not necessary to adhere to all what the investment advisor advises, but an advice / opinion is a must. I generally recommend certain precautions that may be taken, while selecting a financial advisor. One needs to check his experience, professional qualification, recommendation received if any.

There are certain SURE EVENTS in One’s Life like children’s education, children’s marriage and retired life. I generally suggest that the above investments for tax savings should be done in such a way that the investments done are helpful in meeting the above financial future needs.

One must also take into consideration that when investments are done, tax gets saved; in the same way, when one receives money, the amount received should be tax free.

I would also like to specify certain scientific rules which I also call as the THUMB RULES which one has to take into consideration when he sits across to do his financial planning.

Rule No 1

Out of the total income 30% needs to be saved. Out of this savings 50% has to be towards short term goals and 50 % towards long term goals which I have mentioned above as SURE EVENTS.

Rule No 2

EMI towards housing loan and vehicle loan should never exceed 30% of the income

Rule No 3

Monthly Expenses should be managed in the balance 40 % of your income.

If one meticulously follows the above thumb rules then certainly financial difficulties will never arise.

For any financial goals that you may have, such as planning for retirement, buying a dream house or child’s education or marriage – the first step is planning.

This planning is all about investing your savings at the right moment, in the right place, with the right advice; so that you have enough wealth to turn your goals into a reality. In simple terms, building a financially strong future where you don’t have to worry about money to achieve your goals.

What can be a better time than the start of the year to put your money at work so that you can experience financial independence.

It is equally important that you take good care of your health as health is the real wealth. While money can remove financial stress, good health can help one earn more money and in turn more happiness.

List of Committee Members for the Year 2025-26

OFFICE BEARERS 2025-2026

MANAGING COMMITTEE MEMBERS

Managing Committee Members 2025-26 Committee wise
SR. No.	NAME	DESIGNATION
{1}	Coaching Class Committee
A	Coaching Class Committee – College Students
i	Vinod Mhaske	Chairman
ii	V. R. Rao	Co. Convenor
iii	Haresh Chuggani	Co. Convenor
B	Coaching Class Committee – English
i	Rahul Thakar	Chairman
ii	Foram Bhanushali	Co. Convenor
iii	Monarch Bhatt	Co. Convenor
C	Coaching Class Committee – Gujarati
i	Jatin Chheda	Chairman
ii	Viral Chedda	Co. Convenor
iii	Kinchit Shah	Co. Convenor
D	Coaching Class Committee- Hindi
i	Parth Badheka	Chairman
ii	Aditya Khandelwal	Co. Convenor
iii	Dinesh Kumar Tiwari	Co. Convenor
E	Coaching Class Committee – Income Tax
i	Hiten Shah	Chairman
ii	Pravin Jadhav	Co. Convenor
iii	Ruchi Rathod	Co. Convenor
F	Coaching Class Committee – Marathi
i	Sunil Joshi	Chairman
ii	Sunil Deshmukh	Co. Convenor
iii	Hemant Walkar	Co. Convenor
{2}	Constitution Amendments Committee
i	Vinayak Patkar	Chairman
ii	Rahul Thakar	Convenor
{3}	Finance & Accounts Committee
i	Mayur Parekh	Chairman
ii	Jatin Chheda	Hon. Treasurer
{4}	Intensive Study Circle Committee
i	Aditya Surte	Chairman
ii	Deepali Mehta	Co. Convenor
iii	Dilip Nathani	Co. Convenor
iv	Anvesh Vakharia	Co. Convenor

SR. No.	NAME	DESIGNATION
{5}	International RRC Committee
1	Pradip Kapadia	Chairman
2	Ashwin Shivnani	Convenor
3	Sachin Gandhi	Chief Co. ordinator

{6}	Joint Workshop Committee
1	Janak Vaghani	Chairman
2	Haresh Chhugani	Co. Convenor
3	V. R. Rao	Co. Convenor
{7}	Journal Committee
1	Ashit Shah	Chairman
2	Sejal Shah	Co. Convenor
3	Ajay Talreja	Co. Convenor
{8}	Law and Representation Committee – Representation
1	Pranav Kapadia	Chairman
2	Umang Talati	Convenor – Representation
	Law and Representation Committee – Study Circle
3	Sejal Shah	Co. Convenor- Study Circle
4	Ajay Talreja	Co. Convenor- Study Circle
{9}	Library Committee
1	Rahul Thakar	Chairman
2	Ashwin Shivnani	Co. Convenor
3	Kinchit Shah	Co. Convenor
{10}	Member Guidance and Mega Guidance Cell Committee
1	Deepak Thakkar	Chairman
2	Abhijeet Berde	Co. Convenor
3	Amol Mane	Co. Convenor
4	Ajay Talreja	Co. Convenor
{11}	Membership & Subscription (Local) Committee
1	Rahul Thakar	Chairman
2	Balram Begari	Co. Convenor
3	Haresh Chuggani	Co. Convenor
{12}	Membership & Subscription (Outstation) Committee
1	Pravin Shinde	Chairman
2	Hemant Walkar	Co. Convenor
3	Sunil Deshmukh	Co. Convenor
4	Nitin Gautam	Co. Convenor

SR. No.	NAME	DESIGNATION
5	Amol Shirode	District Incharge (Thane & Dombivli)
6	Hemant Walkar	Distrrict Incharge (Sindhudurg)
7	Nikhil Deshmukh	Distrrict Incharge (Nashik & Malegaon)
8	Pranav Sheth	District Incharge (Pune)
9	Aloke Singh	District Incharge (Aurangabad)
10	Nitin Gautam	District Incharge (Nagpur)
11	Mahesh Thanedar	District Incharge (Sangli)
12	Arun Baheti	District Incharge (Kolhapur)
13	Chaitanya Vaidya	District Incharge (Ratnagiri)
14	Sahebrao Patil	District Incharge (Jalgaon)
15	M. P. Korulkar	District Incharge (Solapur)
16	Manish Khushalani	District Incharge (Raigad)
17	Mahesh Bafna	District Incharge (Dhule)
18	Jagdish Sharma	District Incharge (Amravati)
{13}	Non- Residential Refresher Course Committee
1	Chirag Parekh	Chairman
2	Anil Chavan	Co. Convenor
3	Pranav Sheth	Co. Convenor
{14}	Office Administration Committee
1	Sunil Joshi	Chairman
2	Kinchit Shah	Convenor
{15}	Public Relations Committee
1	Pradip Kapadia	Chairman
2	Hiral Shah	Convenor
{16}	Publication Committee
1	Ashit Shah	Chairman
2	Deepali Mehta	Co. Convenor
3	Umang Talati	Co. Convenor
3	Chaitanya Vaidya	Co. Convenor
{17}	Referencer Committee GST
1	Jatin Chheda	Chairman
2	Haresh Chhugani	Co. Convenor
3	Chaitanya Vaidya	Co. Convenor

SR. No.	NAME	DESIGNATION
{18}	Regional Centres & Outstation Seminar Committee
1	Dr. Shashank Dhond	Chairman
2	Amol Mane	Convenor and Chief Co ordinator
3	Amol Shirode	Jt Convenor (Thane & Dombivli)
4	Hemant Walkar	Jt Convenor (Sindhudurg)
5	Nayan Nirhali	Jt Convenor (Nashik & Malegaon)
6	Pranav Sheth	Jt Convenor (Pune)
7	Aloke Singh	Jt. Convenor (Aurangabad)
8	Nitin Gautam	Jt. Convenor (Nagpur)
9	Mahesh Thanedar	Jt. Convenor (Sangli)
10	Arun Baheti	Jt. Convenor (Kolhapur)
11	Chaitanya Vaidya	Jt. Convenor (Ratnagiri)
12	Sahebrao Patil	Jt. Convenor (Jalgaon)
13	M. P. Korulkar	Jt. Convenor (Solapur)
14	Manish Khushalani	Jt. Convenor (Raigad)
15	Mahesh Bafna	Jt. Convenor (Dhule)
16	Jagdish Sharma	Jt. Convenor (Amravati)
{19}	Residential Refresher Course Committee
1	Sachin Gandhi	Chairman
2	Aditya Seema Pradip	Convenor
{20}	Local Seminar, Webinars and Lecture Series Committee
1	Dhaval Talati	Chairman
2	Aditya Seema Pradip	Co. Convenor
3	Pravin Jadhav	Co. Convenor
4	Manohar Samal	Co. Convenor
{21}	GSTPAM News Bulletin
1	Jatin Chheda	Chairman
2	Pratik Satyuga	Co. Convenor
3	Aloke Singh	Co. Convenor
{22}	Tribunal Judgments And AAR Committee
1	Ashvin Acharya	Chairman
2	Chaitanya Vaidya	Co. Convenor
3	Monarch Bhatt	Co. Convenor
{23}	Web Committee
1	Rahul Thakar	Chairman
2	Balram Begari	Co. Convenor
3	Sejal Shah	Co. Convenor

SR. No.	NAME	DESIGNATION
{24}	GSTP Guidance Committee
1	Sunil Khushalani	Chairman
2	Pravin Jadhav	Co. Convenor
3	Ajay Talreja	Co. Convenor
{25}	Sports Committee
1	Mahesh Madkholkar	Chairman
2	Pratik Satyuga	Co. Convenor
3	Dinesh Kumar Tiwari	Co. Convenor
{26}	Judgments and Updates Committee
1	Dinesh Tambde	Chairman
2	Foram Bhanushali	Co. Convenor
3	Amol Mane	Co. Convenor
{27}	GSTPAM Social Outreach Committee
1	Aalok Mehta	Chairman
2	Sejal Shah	Convenor
{28}	Foundation Day Celebration Committee
1	Raj Shah	Chairman
2	Amol Mane	Co. Convenor
3	Dilip Nathani	Co. Convenor
4	Sejal Shah	Co. Convenor
{29}	GSTPAM History and Digitisation Committee
1	Janak Vaghani	Chairman
2	Dilip Nathani	Co. Convenor
3	Dinesh Kumar Tiwari	Co. Convenor

CIRCULAR FOR RENEWAL OF MEMBERSHIP/SUBSCRIPTION CHARGES FOR THE F.Y. 2025-26

Dear Members,

RENEWAL OF MEMBERSHIP FOR F.Y. 2025-26

The Membership Fees for the year 2025-26 are due for renewal on 01.04.2025. We appreciate your Continuing support and participation in the activities of our Association.

The timely Renewal of Membership will enable the members to continuously receive the updates on various activities of GSTPAM along with the GSTReview, News Bulletin, Circulars, Messages, Webinars and online access to the website www.gstpam.org. The Life Members only need to renew the subscription charges for the GST Review. The members can also avail the benefit of discount by paying advance for subsequent two years membership fees /subscriptioncharges.

The Membership Renewal Fees received after 30thApril, 2025 will be subject to approval of the Managing Committee. If the Renewal fees for a particular year are not paid, then the member is liable to pay Admission Fees again for Renewal in the subsequent year.

Delayed Renewal Members will be provided Pre Renewal GST Review subject to availability upon payment of such additional courier charges.

The details of Membership/Subscription Fees are given below for your ready reference

Type of Membership	Membership Fees incl. GST	Admission Fees Incl.GST	Subscription Charges for GST Review	Total
New Membership Application
Donor Member	2,36,000.00		800.00	2,36,800.00
Patron Member	1,77000.00		800.00	1,77,800.00
Life Member	11,800.00	1180.00	800.00	13,780.00
Life Member (Conversion from Ordinary)	11,800.00	590.00	800.00	13,190.00
Ordinary Local Member	2,006.00	590.00		2,596.00
Ordinary Outstation Member	1,711.00	590.00		2,301.00
Student Member	590.00	590.00		1,180.00

New Membership Application (Firm/LLP)

Ordinary Local Member	2,006.00	944.00	0	2,950.00
Ordinary Outstation Member	1,711.00	944.00	0	2,655.00

Advance Membership/ Subscription charges for subsequent Three years 2026-27 & 2028-29 (Non-Refundable)

Ordinary Local Member	5,428.00	–	–	5,428.00
Ordinary Outstation Member	4,602.00	–	–	4,602.00
Life Member (Individual/Firm/LLP)	0	–	2,400.00	2,400.00
Patron Member	0	–	2,400.00	2,400.00
Donor Member	0	–	2,400.00	2,400.00

Advance Membership/ Subscription charges for subsequent Five years (Non-Refundable)

Ordinary Local Member	8,968.00	–	–	8,968.00
Ordinary Outstation Member	7,670.00	–	–	7,670.00

Subscription for GST Review for F.Y. 2025-26 by Non-Members (Non-Refundable)

Subscription fees for GSTR

–

1,200.00

Advance subscription charges for GST Review by non-members for subsequent two years (Non-Refundable)

Subscription Fees -GSTR

2,400.00

Advance subscription charges for GST Review by non-members for subsequent Three years (Non-Refundable)

Subscription Fees -GSTR

–

3,600.00

Notes: –

Membership Fees are inclusive of GST.
The Subscription Charges are payable by only those life members, who wish to subscribe to the “GST Review”.
No subscription charges are payable by Ordinary Local/Outstation Member

Modes of Payment:-

Cheque	A/c Payee Cheque drawn in favor of “The Goods & Services Tax Practitioners’ Association of Maharashtra” payable at Mumbai.
NEFT Details	The Goods & Services Tax Practitioners’ Association of Maharashtra Bank of India, Mazgaon Branch Current Account No. 007020100001816, IFSC Code – BKID0000070.Online generated transaction Acknowledgement should be sent by email on [email protected] along with membership and payment details Members are requested to send their physical form to the association for Approval, Issuance and Office record.
Cash	Renewal form along with requisite amount will be accepted between 10.30 a.m. and 5.30 p.m. on all working days except Saturday at our Office at Mazgaon Library – Mazgoan: 1stFloor, 104, GST Bhavan, Mazgaon, Mumbai – 400 010 Or Bandra Library – GST Bhavan, Ground Floor, A Wing, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051. Or Mazgaon Tower-8 & 9, Mazgaon Tower, 21, Mhatar Pakhadi Road, Mazgaon, Mumbai – 400 010.
Identity (New Members)	New Members should provide the following as Identity Proof : PAN, Aadhar Card, Constitution Document. Address Proof(any one) : Electricity Bill / Passport/ Aadhar Card / Driving License/ Voter id/ Ration Card along with Membership Form
Identity Card (For Renewals)	Ordinary Local/Outstation Members should provide Two Photographs along with the Renewal Form for issue of I- cards.
Online Payment Link	Members can make online payment on our website www.gstpam.org. Members are requested to download Members Renewal form from website. Update the latest details in the form, scan it and mail at email [email protected] Payment Link: https://www.gstpam.org/online/renew-membership.php If you are login first time? Click here for create your password

We value your continuation of the membership and look forward to your renewal to this effect.

Dated:- 18.07.2025

Rahul Thakar

Sunil Joshi

Hon. Jt.Secretary

Guidance Cell Email ID for queries

Members can send their queries at [email protected]

ORDER FORM FOR GSTPAM REFERENCER 2025-26

(Members are requested to take out the photocopy of the Order Form for booking)

The Convenor,

GSTPAM Referencer Committee

The Goods & Services Tax Practitioners’ Association of Maharashtra Room No. 8 & 9, Mazgaon Tower, Mhatar Pakhadi Road, Mazgaon, Mumbai – 400 010

Dear Sir,

Please book my/our order of GSTPAM Referencer for the year 2025-26 as given below.

Sr.	Particulars	Price per copy if booked prior to 05th August 2025	Price per copy if booked after to 05th August 2025	Qty	Total RS.
1	GSTPAM Referencer 2025-26 Part I & II (GST, VAT & Allied Law Referencer & Updated GST Rate schedules).	700	750
2	Courier Charges (For Outstation members only) (per set)	130	130
3	Courier Charges (For Local members only) (per set)	110	110

Note:

Referencer will be published in Part I & II (for GST, VAT & Allied Laws Referencer & Updated GST rate schedules).
Applicants requiring more than 5 copies of the Referencer are required to give a request on their letter head along with the order form. Tax Practitioner’s Associations can place order in bulk quantity by making request on their letterhead signed by the Association’s President and Secretary.
Applicants will be issued receipt at the time of placing of their order. Applicants are requested to bring receipt at the time of taking the delivery of the Referencer. No delivery of the Referencer shall be given, unless the receipt for payment is submitted at the counter. If the receipt for payment is lost, than no delivery of the Referencer shall be given.

The payment for the above order of………………………………………………………………………………

……………………………………………………………………………………………………………………… (Rupees in words) is made

herewith by Cash /Card /Cheque /Demand Draft No. ………….…………… dated ……….………………

drawn on……………………………………………… Bank ………………………………………………………………………Branch, Mumbai.

Signature …………………………….

Membership Number…………………………………….. Address.………………………………………………………………………………………

Name ……………………………………………………………………………………………………………..…………….

………………………………………………………………………………………….…………….……………………………..

Office Tel No…………………………………… Residence Tel No……………………………………………

E-mail: …………………………………………. Mobile No.…………………………………………………

PROVISIONAL RECEIPT

Received with thanks payment of. .………………………………………………… from .………………………………………………… vide

Cash /Card /Cheque /NEFT/Demand Draft No. …………………………. Date .…………………………………………………drawn

on………………………………………………… Bank …………………………………… Branch, Mumbai.

Signature ……………………………

Date…………………………………. Name of staff of GSTPAM……………………

Note:

Please fill in all the details in the above form and send the same to the GSTPAM’s office at Tower or at Mazgaon library along with requisite payment.
For Direct Deposit / NEFT payment – Bank of India, Mazgaon – Account No. 007020100001817, IFSC Code – BKID0000070. Acknowledgement of the same should be sent by email: [email protected] along with duly filled form.
Online Payment Link : https://www.gstpam.org/online/purchase-publication.php
Please mention your name and membership number on the reverse side of the Cheque / Demand Draft.
The counter timings are from 10.30 a.m. to 5.30 p.m. on Monday to Friday.
The Cheque / DD should be drawn in the name of “THE GOODS AND SERVICES TAX PRACTITIONERS’ ASSOCIATION OF MAHARASHTRA

THE GOODS & SERVICES TAX PRACTITIONERS’ ASSOCIATION OF MAHARASHTRA

INTENSIVE STUDY COURSE CIRCULAR FOR THE YEAR 2025-26

Dear Professional Colleagues,

In GST, change is the only constant. With frequent amendments, evolving jurisprudence, and continuous clarifications through Circulars and Notifications, professionals are constantly expected to update, relearn, and adapt. The rapid pace of legislative and procedural changes, coupled with practical implementation challenges, underscores the importance of staying updated and well-informed.

Recognising this need, our Association has been regularly organising Intensive Study Circle (ISC) meetings as a platform for members to engage in in-depth discussions on complex and evolving issues under GST. These sessions aim not only to keep members abreast of the latest legal developments but also to provide a space for sharing practical experiences and resolving interpretational challenges.

Each ISC session is led by a Group Leader – a member who initiates and steers the discussion on the chosen topic. The deliberation is further enriched under the guidance of a Senior Professional, who moderates the discussion and offers insights drawn from years of experience.

Sessions are held virtually, usually on Fridays between 4:30 p.m. to 7:00 p.m., making it accessible to members across locations. Around 12 ISC sessions are planned for the academic year 2025-26.

* Key Highlights of ISC:

Focused, issue-based discussions
Peer learning from real-world GST challenges
Platform for voicing and resolving practical dilemmas
Held virtually, enabling participation from members across India

The inaugural session of Intensive Study Circle will be held on Saturday, 23-08-2025 between 10:00 a.m. &01.00 p.m. via virtual mode on the subject “RCM on Government Services – Interpretations, Issues & Insights”. The discussion will be led by CA. Umang Talati and monitored by CA. Deepak Thakkar.

The Annual Fee for subscription to the ISC 2025-26 is as follows:

Members: Rs. 1,650/- + Rs. 297 (GST) = Rs. 1,947/-
Non-members: Rs. 2,100/- + Rs. 378 (GST) = Rs. 2,478/-
Payment link: https://www.gstpam.org/online/event-registration.php

We invite all of you to subscribe to the ISC sessions and take full advantage of this initiative aimed at true knowledge sharing. Let’s build a community where thoughtful dialogue drives professionalgrowth!

Any member interested in leading any group discussion is requested to inform us through the Enrolment Form and contact the Convenor’s on Cell No. 9833892635 /9821121433/ 9860231333. Notes:

Every attempt will be made to share the case studies / study material with the participants in advance.
Participants are requested to study the case studies / study material / relevant provisions to be discussed on the day of the meeting, which will be helpful in better participation and a fruitful discussion.

Deepali Mehta/ Dilip Nathani/ Anvesh Vakharia

Co-Convenors

Aditya Surte

Chairman

Enrollment Form for Intensive Study Circle Meetings for the Year 2025-26

To,

Convener,

Intensive Study Course

The GSTPAM, Mazgaon, Mumbai – 400 010.

Dear Sir,

Please enroll me as a participant for the Intensive Study Course for the year 2025-26. The Registration fees of Rs.1,947/- (for members) / and Rs.2,478/- (for non-members) 18% Including GST is enclosed herewith by Cash /DD / Cheque No. dated drawn on

Particulars of Member/Participant :

Name:

Educational Qualification:

Address for Communication:

Telephone No. Office : Res.

Email ID : Mob. No,

GSTPAM Membership No:

GSTIN (if Applicable):

Which is your preferred mode of attending the ISC Meeting?

a) In-Person b) Virtual Mode c) Hybrid Mode

Which is your preferred day and time for attending the Meeting?

a) Friday, 4.30 pm to 7.00 pm b) Saturday, 10.30 am to 1.00 pm

I also wish to be a group leader for the subject of _________________________ and
suitable available date will be :_____________________

Signature

Note :-

Please issue the Cheque in favour of ”The Goods & Services Tax Practitioners’ Association of Maharashtra” (FULL NAME IS REQUIRED TO BE STATED ON THE CHEQUE AS PER RBI DIRECTION).
For NEFT payment – Bank of India, Mazgaon- Account No. 007020100001816, IFSC – BKID0000070. Acknowledgement generated through online transaction should be emailed on [email protected] along with Enrolment Form and payment details.
Online Payment Link: https://www.gstpam.org/online/event-registration.php
Outstation members are requested to make payment online payment.
The enrollment form along with payment proof should be submitted at Room No. 104, Vikrikar Bhavan, Mazgaon, Mumbai – 400010.
Kindly carry the receipt of payment to attend the Lecture.
The Association reserves the right to change and alter the schedule if required.

Enrollment Form for 2-Day Hybrid Mode Seminar on the Use of Artificial Intelligence in Indirect Tax Practice

Day & Date	Thursday & Friday, 21st & 22nd August, 2025
Timing	2.00 pm to 6.00 pm
Topic (Day 1)	Understanding the Basics of Artificial Intelligence : A Primer for Tax Practitioners Incorporating Artificial Intelligence in Daily Life : Perspectives from GST Compliance, Reporting and Audit Use Cases of Artificial Intelligence in Departmental Scrutiny, Audit, Adjudication and Appeals
Topic (Day 2)	Harnessing the Power of Artificial Intelligence for Research, Drafting and Conducting Litigation Risks, Challenges and Limitations in Use of Artificial Intelligence and the Need for Responsible Use Forensic Training for Tackling Forgery and Hallucination by Artificial Intelligence
Venue	GSTPAM Library Hall, Room No.104, 1st Floor, GST Bhavan, Mazgaon, Mumbai 400010 (Hybrid Mode)
Enrollment Fees	Rs. 2065/- (including GST) for Members & Non-Members
Mode	In-Person Online Limited in-person participation: Only 40 seats available

Particulars of Member/Participant :

Name:

Email ID : Mob. No.

GSTPAM Membership No:

GSTIN (if Applicable):

Please issue the Cheque in favour of ”The Goods & Services Tax Practitioners’ Association of Maharashtra” (FULL NAME IS REQUIRED TO BE STATED ON THE CHEQUE AS PER RBI DIRECTION).

For NEFT payment – Bank of India, Mazgaon- Account No. 007020100001816, IFSC – BKID0000070. Acknowledgement generated through online transaction should be emailed on [email protected] along with Enrolment Form and payment details.

Online Payment Link: https://www.gstpam.org/online/event-registration.php

Outstation members are requested to make payment online payment.

The enrollment form along with payment proof should be submitted at Room No. 104, Vikrikar Bhavan, Mazgaon, Mumbai – 400010.

Kindly carry the receipt of payment to attend the Lecture.

The Association reserves the right to change and alter the schedule if required.

Contents Vol. 7 No. 11 | Mumbai |July, 2025

Topic	Writer	Page No.
Part – I
Editorial	Mayur R. Parekh	5
From the Outgoing President	Mahesh Madkholkar	8
From the Incoming President	Parth Badheka	13
Roving Eye	D. H. Joshi	21
GST Updates	Deepali Mehta	28
Towards 75th Year – Glorious Journey of GSTPAM
From Representation to Reform: GSTPAM’s journey in Taxation	Vinayak Patkar	29
Taxability of Real Estate Transaction – Part-3
Procedural Aspects of GST for Builders & Developers	Deepak Bapat	32
Applicability of income tax on builders and developers including TDS provisions	Dharan V. Gandhi	37
RERA & Practitioners	Vinit D Gada	42
Hon. Shri S. G. Shaikh	C. B. Thakar	45
A Legacy of Leadership and Integrity	Vinayak Patkar	47
A Life in Law and Service – Tribute to Shri R. Ajmatullah R. Qureshi	Vinayak Patkar	48
Should overseas Consultation and Professional Services received by an Indian Company be treated as Import of Services under GST?	Ratan Samal & Manohar Samal	49
Lawyer-Client Relationship	Jaiprakash Gupta & Shantanu Gupta	52
ICAI’s FAQs on Financial Statements of Non-Corporate Entities	Hiten Shah	55
From text to Testimony: Using Whatsapp Messages in Legal Proceedings	Ruchi Rathod & Aishwary Jain	57
GST Officials Contemptuous Conduct During Search: High Court Calls for Strict Action	Pranav Mehta	59
जीएसटी-१२% नाही तर किती ?	Kishor Lulla	61
संसद व न्यायपालिकेची भूमिका एक संतुलन	Kishor Lulla	63
देशाच्या आर्थिक पातळीवर शांतीपूर्ण क्रांती- वस्तू आणि सेवा कर	Vinayak Agashe	65
Service Tax Updates	Vasudev Mehta	66
Income Tax Update – Highlights on Recent Amendments	Sonakshi Jhunjhunwala & Sunil Jhunjhunwala	68
Do You Know?	Moti B. Totlani	77
Replies to Queries	C. B. Thakar	79
Representation & Response		83
Association News	Jatin N. Chheda & Rahul Thakar	104
Part – II
GST Digest	Dinesh Tambde	109
From the Courts	Dhaval Talati	120
Gist of Advance Rulings	Ashit Shah	121
Part – III
Recent Amendments – Notifications/Trade Circulars
Circular No. 250/07/2025-GST Dated: 24th June, 2025 – F. No. CBIC- 20010/22/2025-GST		125
NOTIFICATION No SGST/e-way bill /01/2025-26 dated 18th June 2025.		126
Handling of Inadvertently Rejected records on IMS		129
Advisory to file pending returns before expiry of three years		130
Congratulations
The Income Tax and Sales Tax Practitioners’ Association (Library Trust), Solapur		60
Obituary
Shri Sumati J. Doshi		51
Announcements
Announcement For New Membership, Renewal of Membership & Subscription For Year 2025-26		Page 107

“Wishing our members a very HAPPY BIRTHDAY!!”

Members Name	Date of Birth
Sejpal Vinay Shivlal	11- August
Talati Umang Rajat	11- August
Paranjape Mohan Vishnu	12- August
Varadachari Sridharan	12- August
Joshi Rajeev Shrikrishna	12- August
Bheda Atul C.	12- August
Ansari Noorul Huda Mohiuddin	12- August
Bind Badelal Jiledar	12- August
Tapadia Sameer Gokul	12- August
Ashfaque Ahmed	13- August
Momaya Ullas Laxmichand	13- August
Jain Santosh Mangilal	13- August
Baheti Ashish G	13- August
Shewale Sidram Jaykumar	13- August
Jose Ajay	13- August
Kulkarni Vishwas Laxman	14- August
Bauva Chandresh Premchand	14- August
Shah Vaibhav Ramesh	14- August
Manjrekar Harshada V.	14- August
Shetty Prakash S	15- August
Talreja Ajay S.	15- August
Mehta Rajesh Anantray	15- August
Chheda Kalpesh Talakshi	15- August
Zanwar Mayur Ashok	15- August
Borde Sudhakar Kaduba	15- August
Krishnan Ramanujam	16- August
Thakkar Paresh Vallabhdas	16- August
Deshpande Hemant Padmakar	16- August
Kariat Krishnakumar K.	16- August
Sheth Pratapray B.	17- August
Thakkar Aruna Vijay	17- August
Bumb Chetan K	17- August
Swar Mahesh Shridhar	17- August
Jaorawala M. N	18- August

Members Name	Date of Birth
Dube Ashok R.	18- August
Bapat Deepak K.	18- August
Maldar Jabak Najir	18- August
Palav Pooja Amey	18- August
Hingwani Kishore Srichand	19- August
Kumbar Shidlingappa Shidramappa	20- August
Shetty Jayaram Gopal	20- August
Shah Bhavik Vinodray	20- August
Shah Sapna Surendrakumar	20- August
Chheda Viral Kantilal	20- August
Rathod Harshadbhai Chhibabhai	21- August
Gokhale Shreekant Madhusudhan	21- August
Shah Ankit Harendra	21- August
Sanghavi M. V.	22- August
Gandhi Jagat D.	22- August
Haldankar Yogesh Ramesh	22- August
Shukla Yogesh Jiledar	22- August
Taralekar Ninad Sunil	22- August
Ashra Manoj Pranjivan	23- August
Gadia Manish Rajendraprasad	23- August
Panchal Saurabh Vitthalbhai	23- August
Parab Baboo Vijay	23- August
Chablani Jitendra Vashu	24- August
Somani Satish	25- August
Rajagiri Ashok B	25- August
Godse Vaidehi Dhananjay	25- August
Badgujar Sunil Babulal	26- August
Karande Vinayak Dinkar	26- August
Kolte Vikram Dattatray	27- August
Bakal Nitin Jayprakash	27- August
Momaya Musaiyab Mohammed Hussain	27- August
Shah Saurabh Rajendra	27- August
Jain Manoj Valchand	28- August
Tambde Dinesh Mahadeo	28- August

Members Name	Date of Birth
Mehta Vasudev Vikram	28- August
Doshi Viral Dhirajlal	29- August
Khamkar Sangram Prakash	29- August
Shinde Pravin Vasant	29- August
Patkar V. P	30- August
Shaikh Rizwan I	30- August
Gala Mahesh Murji	30- August
Choudhary Amit Chunnilal	30- August
Dubey Vikram Bholanath	30- August
Rasotra Sanjay Kumar	31- August
Dodhiya Paresh Tarachand	31- August
Jambotkar Harshad Rajendra	31- August
Yewale Ganesh Laxman	31- August
Bothra Pawan D.	01- September
Sinha Prakash Kumar	01- September
Attri Jaikishan Badriprasad	01- September
Mishra Sanjay Ramnarayan	01- September
Jangla Ronak Parimal	01- September
Adv. Dilip Ambalal Parmar	02- September
Dodhia Vandana Vershi	02- September
Dongare Rajendra Visnu	02- September
Gundalwar Satyan Sitaram	02- September
Kotak Samir Lallubhai	02- September
Gada Kaushik Zavrchand	02- September
Thanedar Mahesh	02- September
Vora Kalpak Ajay	02- September
Shah Kamlesh Mansukhlal	03- September
Khurape Budhiraj Bhalchandra	03- September
Gadgil Aumkar Surendra	03- September
Sharma Jayesh Ghisulal	03- September
Gandhi P. P	04- September
Avhad S. D.	04- September
Patni Swapnesh Subhash	04- September

Members Name	Date of Birth
Maru Neer Navin	04- September
Falke Jayant Tukaram	05- September
Solanki Pooja Ashok	05-September
Surve Umesh Sadashiv	06-September
Maddi Vilas Dattatray	06-September
Tetar Nilesh Jagdishchandra	06-September
Rangnekar Ritesh Suresh	06-September
Mali Umeshkumar Madhukar	06-September
Sanghvi R. P	07-September
Bhatt Ashwinkumar J.	07-September
Dilip G. Gandhi	07-September
Sheth Rajesh Nautamlal	07-September
Poojary Navin Mahabala	07-September
Bhandari Arun D.	07-September
Golwala Punit Prabodhbhai	07-September
Shukla Anup Omprakash	07-September
Deshpande Amar Prakashrao	07-September
Landge Akshay Nandkumar	07-September
Totlani Navesh Moti	07-September
Wala Neha Haresh	07-September
Joshi Vijay Pandurang	08-September
Lukka Vipul K.	08-September
Shelke Ganesh Kanuji	08-September
Gala Mehul Talakshi	08-September
Agrawal Deepak Prakashchandra	08-September
Donde Atul P	09-September
Chokshi Hardik Kanubhai	09-September
Gandhi Shrenik Rasik	09-September
Chhabaria Pratik Pradeep	09-September
Sharma Durgashankar	10-September
Samdani Jagdish Bansilal	10-September
Rai Abhishek Kamal	10-September

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2	Mega Full Day Seminar Booklet 6.5.2023	120/-
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4	47th RRC Lucknow Booklet	250/-
5	Mega Full Day Seminar Booklet 9.2.2024	150/-
6	48th RRC Book	250/-
7	Mega Full Day Seminar Booklet 6. 7.2024	130/-
8	Half Day Seminar Booklet 22.11.2024	100/-
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