CBI Arrests CGST Superintendent, Advocate for Bribery
  • 11 Jun 2025 06:09 PM
  • New

CBI Arrests CGST Superintendent, Advocate for Bribery

Source: https://taxguru.in/goods-and-service-tax/cbi-arrests-cgst-superintendent-advocate-bribery.html

The Central Bureau of Investigation (CBI) has arrested a Superintendent of CGST, Amroha, and a tax advocate for allegedly accepting an illegal gratification of ₹1 lakh. This amount was reportedly the first installment of a ₹4 lakh demand made to the complainant. A case was registered on June 9, 2025, based on a complaint alleging that the CGST Superintendent had issued a penalty notice to the complainant’s family company for non-filing of GST returns. Both accused are alleged to have demanded ₹4 lakh to waive this penalty. The Superintendent held additional charge of CGST, Amroha, while being posted at Gajrola. The tax advocate, representing the complainant, is accused of conspiring with the Superintendent to pressure the complainant into delivering the bribe. The CBI set up a trap and apprehended both individuals during the alleged exchange. Searches are currently underway at the accused’s premises in Amroha and Gajrola, Uttar Pradesh, as the investigation continues.

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DGGI dropping Infosys case signals new approach in granting tax benefit to software exporters
  • 10 Jun 2025 06:22 PM
  • New

DGGI dropping Infosys case signals new approach in granting tax benefit to software exporters

Source: https://www.livemint.com/industry/infosys-gst-case-software-exports-cbic-offshore-branch-exemption-indirect-taxes-it-services-dggi-tax-dispute-11749466761293.html

New Delhi: The move by the Directorate General of GST Intelligence to (DGGI) close ₹32,403-crore of pre-tax proceedings against Infosys Ltd last week goes beyond the simple resolution of a tax dispute.

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CBIC lays down plan for supportive, people-focused tax regime
  • 10 Jun 2025 06:18 PM
  • New

CBIC lays down plan for supportive, people-focused tax regime

Source: https://www.livemint.com/economy/cbic-tax-plan-gst-customs-excise-duty-tax-administration-indirect-tax-collection-nirmala-sitharaman-11749478134752.html

In a communication to field officers, the CBIC chairperson told different zonal offices to prepare their own annual strategies based on the priorities set by the CBIC.

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E-way bills shoot up to 122.7 million in May, the second-highest on record
  • 10 Jun 2025 06:30 PM

E-way bills shoot up to 122.7 million in May, the second-highest on record

Source: https://www.livemint.com/economy/eway-bill-generation-may-indian-economic-activity-gstn-data-manufacturing-pmi-india-auto-sales-india-rural-demand-11749539089250.html

Data from GSTN, the company that processes GST returns, suggested that India’s factory output is holding up despite the uncertainty around exports in the wake of US tariffs.

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Understanding HSN Code Reporting in GSTR-1: Clarifications by CBIC
  • 10 Jun 2025 06:34 PM

Understanding HSN Code Reporting in GSTR-1: Clarifications by CBIC

Source: https://taxguru.in/goods-and-service-tax/understanding-hsn-code-reporting-gstr-1-clarifications-cbic.html

Recent communications from GSTN and CBIC have shed light on important aspects of HSN (Harmonized System of Nomenclature) code reporting in Table 12 of GSTR-1, particularly concerning B2B (Business-to-Business) and B2C (Business-to-Consumer) supplies. These clarifications aim to guide taxpayers on mandatory fields, optional declarations, and system validations.

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Infosys shares to be in focus after DGGI closed ₹32,403 crore pre-show cause GST notice
  • 09 Jun 2025 06:29 PM

Infosys shares to be in focus after DGGI closed ₹32,403 crore pre-show cause GST notice

Source: https://www.livemint.com/market/stock-market-news/infosys-shares-to-be-in-focus-after-dggi-closed-rs-32-403-crore-pre-show-cause-notice-11749393110533.html

Infosys received a Goods and Services Tax (GST) demand closure notice on Friday, providing ₹32,403 crore relief to the IT major from the GST-demanded charges imposed by the DGGI earlier. Shares closed higher ahead of the closure development.

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Mint Primer | GST mop-up: The signals for India’s economy & taxes
  • 03 Jun 2025 06:03 PM

Mint Primer | GST mop-up: The signals for India’s economy & taxes

Source: https://www.livemint.com/economy/what-gst-numbers-say-about-indian-economy-gdp-inflation-rbi-finance-minister-imports-exports-11748876101048.html

Goods and services tax (GST) collections are buoyant, exceeding ₹2 trillion in the past two months. Mint looks at what they indicate about the state of the economy. Is it time to go ahead with the overdue rationalization of GST rates?

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