Siddaramaiah said the old tax arrears, linked to the UPI payments, ‘will not be pursued, provided all such traders register under the GST and begin paying GST moving forward.’
Read More
Panaji, Jul 23 (PTI) Chief Minister Pramod Sawant has said Goa has not incurred any loss in the Goods and Services Tax (GST) revenue due to companies routing their sales and billing through corporate offices located outside the state.
Read More
Shankar Gowda Hadimani, a vegetable vendor in Karnataka, received a ₹29 lakh GST notice. He claims that he isn't registered for GST as no rules apply to his business.
Read More
Source: https://taxguru.in/goods-and-service-tax/gstat-operational-delays-interim-gst-dispute-measures.html
The Indian Ministry of Finance, in response to a Lok Sabha unstarred question on July 21, 2025, provided an update on the establishment of the Goods and Services Tax Appellate Tribunal (GSTAT). A total of 31 state benches across 45 locations and a Principal Bench in New Delhi have been notified; however, none are currently operational. For the financial year 2025-26, a budget of Rs. 210,04,70,000 has been allocated for GSTAT, with Rs. 3,05,58,376 utilized to date.
Read More
The tax department argued that Reliance Commercial Dealers Ltd is effectively renting aircraft to Reliance, which should attract higher taxes like equipment rentals.
Read More
The global toy market is projected to reach $179.4 billion by 2032.
Read More
Source: https://taxguru.in/goods-and-service-tax/gst-rate-cut-mango-pulp-govt-clarified.html
In response to a query raised in Lok Sabha regarding the high GST rate on mango pulp, the Ministry of Finance clarified that the current 12% GST rate is based on the GST Council’s recommendation, which includes representatives from both the Centre and States. Concerns were raised that this rate has led to a decline in demand from beverage companies, potentially impacting mango growers, particularly in Tamil Nadu.
Read More
New Delhi, Jul 20 (PTI) GST officers have uncovered fake input tax credit (ITC) claims of ₹15,851 crore in the April-June quarter of current fiscal, a 29 per cent jump over the year-ago period, even though the number of fake firms detection was less Y-o-Y, officials said.
Read More
The Centre and states are close to agreeing on folding the GST compensation cess within the broader goods and services tax (GST), two people aware of discussions in the government said. The two sides are also close to reaching an agreement on how to utilize the surplus cess collected, likely by dividing between them.
Read More
The BCCI has invited proposals for accreditation services with details of how to procure RFP documents and the eligibility criteria. The last date of submission of proposal documents is August 4, 2025.
Read More