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No GST Practitioner Exam Since 2019: Thousands Affected as They Lose GSTAT Practice Opportunities
India has not conducted a single GST Practitioner (GSTP) Exam since 12 December 2019, leaving thousands of aspiring tax professionals in an uncertain...
![Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order] Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/750x450_2108364-nclat-new-dehi-nclt-corporate-guarantee-taxscan.webp)
Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order]
The Tribunal held that once a corporate entity voluntarily executes a guarantee, it becomes independently liable for the debt, which qualifies as “financial debt” under Section 5(8)(i) of the Insolvency and Bankruptcy Code (IBC).
![Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order] Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/750x450_2108364-nclat-new-dehi-nclt-corporate-guarantee-taxscan.webp)
Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order]
The Tribunal held that once a corporate entity voluntarily executes a guarantee, it becomes independently liable for the debt, which qualifies as “financial debt” under Section 5(8)(i) of the Insolvency and Bankruptcy Code (IBC).



![GST: Gujarat HC Protects Assessee from Section 74 Action amid Dispute on Input Credit Distribution [Read Order] GST: Gujarat HC Protects Assessee from Section 74 Action amid Dispute on Input Credit Distribution [Read Order]](https://images.taxscan.in/h-upload/2025/12/02/250x150_2109610-gujarat-hc-input-credit-distribution-taxscan.webp)

![GST Registrant Exploits Systemic Gaps to Utilise Fake ITC: Rajasthan HC says Procedural Lapses Cannot Overshadow Fraud Committed [Read Order] GST Registrant Exploits Systemic Gaps to Utilise Fake ITC: Rajasthan HC says Procedural Lapses Cannot Overshadow Fraud Committed [Read Order]](https://images.taxscan.in/h-upload/2025/12/02/250x150_2109661-gst-registrant-exploits-systemic-gaps-utilise-fake-itc-taxscan.webp)





![GST Registrant Exploits Systemic Gaps to Utilise Fake ITC: Rajasthan HC says Procedural Lapses Cannot Overshadow Fraud Committed [Read Order] GST Registrant Exploits Systemic Gaps to Utilise Fake ITC: Rajasthan HC says Procedural Lapses Cannot Overshadow Fraud Committed [Read Order]](https://images.taxscan.in/h-upload/2025/12/02/500x300_2109661-gst-registrant-exploits-systemic-gaps-utilise-fake-itc-taxscan.webp)
![Challenge to ITC Reversal not Entertained under Article 226: Madras HC Declines Interference with GST Order Confirming Demand [Read Order] Challenge to ITC Reversal not Entertained under Article 226: Madras HC Declines Interference with GST Order Confirming Demand [Read Order]](https://images.taxscan.in/h-upload/2025/12/02/500x300_2109640-itc-reversal-gst-order-taxscan.webp)
![Writ Jurisdiction Not Substitute for Functional GSTAT: Orissa HC Directs Petitioner to Comply with S.112(8) Pre‑Deposit [Read Order] Writ Jurisdiction Not Substitute for Functional GSTAT: Orissa HC Directs Petitioner to Comply with S.112(8) Pre‑Deposit [Read Order]](https://images.taxscan.in/h-upload/2025/12/02/500x300_2109577-writ-jurisdiction-substitute-functional-gstat-orissa-hc-petitioner-comply-taxscan.webp)
![Two GST Appeals filed Challenging Same Adjudication Order: Orissa HC Treats Later Appeal as Non Est [Read Order] Two GST Appeals filed Challenging Same Adjudication Order: Orissa HC Treats Later Appeal as Non Est [Read Order]](/images/placeholder.jpg)

![Copolymer vs. Homopolymer: CESTAT Raps Customs for confirming ADD on PVC Import without Verifying Material Composition [Read Order] Copolymer vs. Homopolymer: CESTAT Raps Customs for confirming ADD on PVC Import without Verifying Material Composition [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/750x450_2107826-copolymer-vs-homopolymer-cestat-raps-customs-confirming-pvc-import-without-verifying-material-composition-taxscan.webp)
![CESTAT Rules Testing Centre Reimbursements Beyond MCS Scope, Sets Aside Service Tax Demand on Eduquity Career Technologies [Read Oredr] CESTAT Rules Testing Centre Reimbursements Beyond MCS Scope, Sets Aside Service Tax Demand on Eduquity Career Technologies [Read Oredr]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107220-cestat-centre-reimbursements-service-tax-service-tax-demand-taxscan.webp)
![Service Tax Payable on Consolidated Rent Collected by Co-owners when Threshold Exceeds: Calcutta HC on Clubbing of Rent [Read Order] Service Tax Payable on Consolidated Rent Collected by Co-owners when Threshold Exceeds: Calcutta HC on Clubbing of Rent [Read Order]](https://images.taxscan.in/h-upload/2025/11/19/500x300_2106528-service-tax-consolidated-rent-threshold-exceeds-calcutta-hc-taxscan.webp)
![Rehabilitating or Renewing Railway Wagons Qualifies as “Original Works”, Exempt from Service Tax: CESTAT [Read Order] Rehabilitating or Renewing Railway Wagons Qualifies as “Original Works”, Exempt from Service Tax: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/18/500x300_2106167-cestat-service-tax-railway-wagons-renewing-railway-wagons-taxscan.webp)
![Challenge on Service Tax Liability on Event Management Service: Supreme Court Allows Exemption Application in HT Medias Tax Appeal [Read Judgment] Challenge on Service Tax Liability on Event Management Service: Supreme Court Allows Exemption Application in HT Medias Tax Appeal [Read Judgment]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105135-service-tax-service-tax-liability-event-management-service-supreme-court-taxscan.webp)


Kavi Priya
![Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order] Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/CESTAT-CESTAT-Bangalore-Service-Tax-liquidated-damages-Taxscan.jpg)
Yogitha S. Yogesh
Rupesh Sharma


Saagarika Gopinath
![GST: Gujarat HC Protects Assessee from Section 74 Action amid Dispute on Input Credit Distribution [Read Order] GST: Gujarat HC Protects Assessee from Section 74 Action amid Dispute on Input Credit Distribution [Read Order]](https://images.taxscan.in/h-upload/2025/12/02/750x450_2109610-gujarat-hc-input-credit-distribution-taxscan.webp)

![SC Disposes Appeals after Department Issues C‑Form for Genuine Inter‑State Purchases Omitted from Revised Returns [Read Order] SC Disposes Appeals after Department Issues C‑Form for Genuine Inter‑State Purchases Omitted from Revised Returns [Read Order]](https://images.taxscan.in/h-upload/2025/12/02/500x300_2109584-c-form-cform-for-genuine-interstate-purchases-taxscan.webp)




