Avinash Kurungot
Avinash Kurungot is a B.B.A. LL.B (Hons.) Graduate from Christ University, Bangalore. Following a stint in Civil Litigation, marking appearances across the High Court of Kerala and various sub-courts, he has channelled his skills towards developing engaging tax, finance and news content.
BCCI’s ₹51-Crore Gift and ICC’s Record Prize: How Much Will India’s Women’s World Cup 2025 Winners Actually Take Home?
India’s historic ICC Women’s World Cup 2025 triumph at Navi Mumbai’s DY Patil Stadium has written a new course for the trajectory of women’s cricket...
![‘Twaron Para-Aramid Pulp’ is Textile Flock under Customs Tariff: CESTAT Directs Importer to Pay Differential Duty [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/250x150_2104821-twaron-para-aramid-pulp-para-aramid-pulp-textile-flock-customs-tariff-taxscan.webp "‘Twaron Para-Aramid Pulp’ is Textile Flock under Customs Tariff: CESTAT Directs Importer to Pay Differential Duty [Read Order]")
![Not Disclosing Fibre Length in Import of ‘Para-Aramid Pulp’ not Suppression: CESTAT Bars Extended Limitation by Customs [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/250x150_2104820-fibre-length-in-import-para-aramid-pulp-cestat-bars-extended-customs-taxscan.webp "Not Disclosing Fibre Length in Import of ‘Para-Aramid Pulp’ not Suppression: CESTAT Bars Extended Limitation by Customs [Read Order]")
![Can Customs Deny Advance Authorisation Benefit for Misclassified Imports? Supreme Court Stays Kerala HC Relief to Nitta Gelatin [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/12/250x150_2104512-can-customs-advance-authorisation-misclassified-imports-supreme-c-ourt-kerala-hc-taxscan.webp "Can Customs Deny Advance Authorisation Benefit for Misclassified Imports? Supreme Court Stays Kerala HC Relief to Nitta Gelatin [Read Judgement]")
Book Entries of Unverified Bank Overdrafts Not Genuine Income Tax Liabilities: Supreme Court sustains Delhi HC Order [Read Judgement]
The Supreme Court of India recently upheld a ruling by the Delhi High Court wherein it was affirmed that book entries reflecting unverified bank overdrafts did not constitute genuine income tax...
![Book Entries of Unverified Bank Overdrafts Not Genuine Income Tax Liabilities: Supreme Court sustains Delhi HC Order [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/12/500x300_2104508-book-entries-unverified-bank-income-tax-liabilities-income-tax-taxscan.webp "Book Entries of Unverified Bank Overdrafts Not Genuine Income Tax Liabilities: Supreme Court sustains Delhi HC Order [Read Judgement]")
Buyer cannot be Denied CENVAT Credit if Supplier does not Avail Advance Authorisation Duty Exemption: CESTAT in Galaxy Surfactants’ Case [Read Order]
The Mumbai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) recently held that a buyer cannot be denied Central Value Added Tax (CENVAT) credit in a situation where the...
![Buyer cannot be Denied CENVAT Credit if Supplier does not Avail Advance Authorisation Duty Exemption: CESTAT in Galaxy Surfactants’ Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/12/500x300_2104394-cenvat-credit-taxscan.webp "Buyer cannot be Denied CENVAT Credit if Supplier does not Avail Advance Authorisation Duty Exemption: CESTAT in Galaxy Surfactants’ Case [Read Order]")
ICAI Announces Fortnight Programme to Boost CA Final & Intermediate Preparation - Find November Schedule Here
The Institute of Chartered Accountants of India (ICAI), through its Board of Studies (Academic) has announced a comprehensive Fortnight Programme to provide academic support and structured guidance...
IREO had No Accrued ITC Benefit after Opting GST @5% Scheme: CCI Drops Anti-Profiteering Proceedings [Read Order]
The Competition Commission of India (CCI) recently dropped anti-profiteering proceedings against M/s Ireo Waterfront Pvt. Ltd., observing that the builder did not accrue any additional Input Tax...
![IREO had No Accrued ITC Benefit after Opting GST @5% Scheme: CCI Drops Anti-Profiteering Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/11/11/500x300_2104195-ireo-itc-benefit-gst-itc-benefit-cci-anti-profiteering-proceedings-taxscan.webp "IREO had No Accrued ITC Benefit after Opting GST @5% Scheme: CCI Drops Anti-Profiteering Proceedings [Read Order]")
Builder got no Additional ITC Benefit Despite Occupancy Certificate Issued Post-GST Rollout: GSTAT Clears IREO Victory Valley [Read Order]
The Principal Bench of the GST Appellate Tribunal (GSTAT) at New Delhi recently accepted a closure report issued by the Directorate General of Anti-Profiteering’s (DGAP) and held that the builder...
![Builder got no Additional ITC Benefit Despite Occupancy Certificate Issued Post-GST Rollout: GSTAT Clears IREO Victory Valley [Read Order]](https://images.taxscan.in/h-upload/2025/11/10/500x300_2103907-itc-benefit-occupancy-certificate-post-gst-rollout-gstat-ireo-victory-valley-taxscan.webp "Builder got no Additional ITC Benefit Despite Occupancy Certificate Issued Post-GST Rollout: GSTAT Clears IREO Victory Valley [Read Order]")
No Profiteering if Contractor Voluntarily Passed GST ITC Benefit to Indian Oil Corp. after Tax Reduction: GSTAT [Read Order]
The Principal Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) at New Delhi recently held that no anti-profiteering action is warranted when a contractor has voluntarily transferred...
![No Profiteering if Contractor Voluntarily Passed GST ITC Benefit to Indian Oil Corp. after Tax Reduction: GSTAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/10/500x300_2103893-gst-itc-indian-oil-corp-tax-reduction-gstat-taxscan.webp "No Profiteering if Contractor Voluntarily Passed GST ITC Benefit to Indian Oil Corp. after Tax Reduction: GSTAT [Read Order]")
No ITC Benefit to be Passed by IREO if Flat Fully Constructed & Paid for Pre-GST Rollout: GSTAT Notes Price has Non-Creditable Taxes [Read Order]
The Principal Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) at New Delhi recently held that no Input Tax Credit (ITC) benefit needs to be passed on by a builder when flats were...
![No ITC Benefit to be Passed by IREO if Flat Fully Constructed & Paid for Pre-GST Rollout: GSTAT Notes Price has Non-Creditable Taxes [Read Order]](https://images.taxscan.in/h-upload/2025/11/10/500x300_2103881-whatsapp-image-2025-11-10-at-43025-pm.webp "No ITC Benefit to be Passed by IREO if Flat Fully Constructed & Paid for Pre-GST Rollout: GSTAT Notes Price has Non-Creditable Taxes [Read Order]")