- 06 Aug 2026 06:32 PM
- New
Lopsided GST flexibility: India needs to resolve a stark asymmetry in this tax regime
In India, the state has granted itself wide leeway on GST implementation timelines, but offers taxpayers no respite. While income-tax officials have the discretion to pardon delays by taxpayers who cite good reasons, GST doesn’t. This needs fixing.
Read More- 06 Aug 2026 06:38 PM
- New
GST Council Implements IGST Settlement Reforms Through GST Settlement of Fund Rules, 2026
In reply to Rajya Sabha Unstarred Question No. 1838 answered on 04.08.2026, the Government stated that the GST Council, in its 54th meeting held on 9 September 2024, approved the constitution of a Committee of Officers on IGST Settlement comprising officers from the Centre and various States, including Kerala, to examine issues relating to IGST settlement and recommend improvements, including legislative amendments, system enhancements and refinements to the apportionment formula for positive and negative IGST balances.
Read More- 04 Aug 2026 06:20 PM
- New
Government Details 5% GST on Assistive Devices and Tax Benefits for PWDs
In reply to Lok Sabha Unstarred Question No. 2394, the Government stated that most specified assistive devices, rehabilitation aids and other goods for Persons with Disabilities (PWDs) attract a concessional GST rate of 5%, while certain specified goods and specified rehabilitation, treatment and care services are exempt from GST subject to prescribed conditions.
Read More- 04 Aug 2026 06:14 PM
Government Shares GST Refund Pendency and Delay Measures for Exporters and MSMEs
In reply to Lok Sabha Unstarred Question No. 2478, the Government stated that, as on 31 March of FY 2023-24, FY 2024-25 and FY 2025-26, refund claims pending under Central Tax formations for more than 60 days up to 90 days declined from 907 claims (₹274.24 crore) to 64 claims (₹163.60 crore), while claims pending for more than 90 days declined from 1,592 claims (₹695.84 crore) to 110 claims (₹64.10 crore).
Read More- 04 Aug 2026 05:59 PM
Mint Explainer | What is fuelling the surge in GST collections?
GST collected on imports surged 28.8% year-on-year, compared with 10.1% growth in domestic GST revenue.
Read More- 03 Aug 2026 06:16 PM
Mint Quick Edit | The Indian economy is looking up—look at last month’s consumption indicators
From automobile sales to GST collections, July’s numbers spell good news on the growth front for India. While we may have escaped the worst feared effects of the war in West Asia, price stability remains a concern.
Read More- 30 Jul 2026 06:22 PM
GST Council Notifies New IGST Settlement Rules, 2026
Source: https://taxguru.in/goods-and-service-tax/gst-council-notifies-igst-settlement-rules-2026.html
In reply to Lok Sabha Unstarred Question No. 1178 answered on 27.07.2026, the Ministry of Finance stated that the GST Council, at its 54th meeting held on 09.09.2024 in New Delhi, approved the constitution of a Committee of Officers on IGST Settlement comprising officers from the Centre and various States, including Kerala, to examine issues relating to IGST settlement and recommend improvements, including legislative amendments, system enhancements and refinements to the formula for apportionment of positive and negative IGST balances.
Read More- 29 Jul 2026 06:22 PM
Govt Retains 5% GST on Most Assistive Devices for Persons with Disabilities
In reply to Rajya Sabha Unstarred Question No. 1029 answered on 28.07.2026, the Ministry of Finance stated that representations have been received from various stakeholders seeking GST exemption on assistive devices and technologies used by persons with disabilities (PWDs).
Read More- 29 Jul 2026 06:18 PM
Govt Detects ₹38,134 Crore Fake ITC Fraud in 3 Years; 177 Arrests Reported
In reply to Rajya Sabha Unstarred Question No. 1050 answered on 28.07.2026, the Ministry of Finance stated that Input Tax Credit (ITC) fraud cases detected by Central Tax formations during the last three years spanned multiple goods and services sectors, including iron & steel, textiles, plastics, paper products, plywood, cement, copper, works contract, manpower supply and real estate services, with State/UT-wise details provided in Annexures I–III.
Read More- 25 Jul 2026 05:19 PM
Delhi GST GRC Reviews Refunds, Registration, ITC & GSTN Issues
The supplied document is a Regulatory Update comprising the minutes of the Grievance Redressal Committee (GRC) meeting held on 24.06.2026 under the co-chairpersonship of the Principal Chief Commissioner, CGST & CX, Delhi Zone and the Commissioner, Delhi State GST.
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