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.
![DGFT Permits Export of 25 Lakh Metric Tonnes of Wheat while Export Prohibition Continues [Read Notification]](https://images.taxscan.in/h-upload/2026/02/26/2127183-dgft-wheat-tonnes-of-wheat-mt-wheat-export-dgft-wheat-export-wheat-export-india-india-wheat-export-news-taxscan.webp "DGFT Permits Export of 25 Lakh Metric Tonnes of Wheat while Export Prohibition Continues [Read Notification]")
DGFT Permits Export of 25 Lakh Metric Tonnes of Wheat while Export Prohibition Continues [Read Notification]
The Directorate General of Foreign Trade (DGFT) has issued a number of notifications regarding amendment and modalities of the export policy...
![DGFT Rationalises RoDTEP Rates by 50%, Exempts Agriculture & Food Exports via Corrigendum [Read Notification]](https://images.taxscan.in/h-upload/2026/02/26/2127165-whatsapp-image-2026-02-26-at-121125-pm.webp "DGFT Rationalises RoDTEP Rates by 50%, Exempts Agriculture & Food Exports via Corrigendum [Read Notification]")
![Interest Income on Securities Accrues on Due Date of Payment and not on Everyday Basis: Supreme Court Declines Interference with Bombay HC Ruling [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2127059-due-datejpg.webp "Interest Income on Securities Accrues on Due Date of Payment and not on Everyday Basis: Supreme Court Declines Interference with Bombay HC Ruling [Read Order]")
![Banks can use Separate Provisions to Set-off Bad Debts for Rural & Non-Rural Advances: Supreme Court Declines Interference with Bombay HC Order [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2127057-bad-debtjpg.webp "Banks can use Separate Provisions to Set-off Bad Debts for Rural & Non-Rural Advances: Supreme Court Declines Interference with Bombay HC Order [Read Order]")
![CESTAT Directs Officials to Complete AI & Cyber Security Courses by 31 March 2026 [Read Circular]](https://images.taxscan.in/h-upload/2026/02/20/2126523-cestat-14jpg.webp "CESTAT Directs Officials to Complete AI & Cyber Security Courses by 31 March 2026 [Read Circular]")
Higher GST on Packaging Inputs Than Output Supply of Edible Oil: Karnataka HC directs Accumulated ITC Refund [Read Order]
The Karnataka High Court has directed grant of refund of accumulated Input Tax Credit (ITC) to an edible oil supplier, holding that refund under the inverted duty structure cannot be denied merely...
![Higher GST on Packaging Inputs Than Output Supply of Edible Oil: Karnataka HC directs Accumulated ITC Refund [Read Order]](https://images.taxscan.in/h-upload/2026/02/20/2126514-edible-oil-12jpg.webp "Higher GST on Packaging Inputs Than Output Supply of Edible Oil: Karnataka HC directs Accumulated ITC Refund [Read Order]")
ICAI Notifies ‘Global Networking Guidelines, 2025’ to Regulate Cross-Border CA Networks [Read Notification]
The Institute of Chartered Accountants of India (ICAI) has notified the ICAI (Global Networking) Guidelines, 2025 formalising a regulatory architecture for collaboration between domestic Chartered...
![ICAI Notifies ‘Global Networking Guidelines, 2025’ to Regulate Cross-Border CA Networks [Read Notification]](https://images.taxscan.in/h-upload/2026/02/20/2126458-global-networking-guidelines-ca-networks-taxscan.webp "ICAI Notifies ‘Global Networking Guidelines, 2025’ to Regulate Cross-Border CA Networks [Read Notification]")
GST Invoices, Banking Channels and Tax Returns cannot Justify Quashing FIR at Investigation Stage: Chhattisgarh HC [Read Order]
The High Court of Chhattisgarh has held that a First Information Report (FIR) filed in an economic offence case cannot be quashed at the threshold by merely relying on Goods and Services Tax (GST)...
![GST Invoices, Banking Channels and Tax Returns cannot Justify Quashing FIR at Investigation Stage: Chhattisgarh HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/19/2126338-chhattisgarh-high-court-gst-invoices-banking-channels-tax-returns-fir-investigation-taxscan.webp "GST Invoices, Banking Channels and Tax Returns cannot Justify Quashing FIR at Investigation Stage: Chhattisgarh HC [Read Order]")