30 Jul 2026 06:22 PM
New

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.

29 Jul 2026 06:18 PM
New

Govt Detects ₹38,134 Crore Fake ITC Fraud in 3 Years; 177 Arrests Reported

Source: https://taxguru.in/goods-and-service-tax/government-detects-rs-38134-crore-fake-itc-fraud-3-years-177-arrests-reported.html

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.

29 Jul 2026 06:22 PM
New

Govt Retains 5% GST on Most Assistive Devices for Persons with Disabilities

Source: https://taxguru.in/goods-and-service-tax/government-retains-5-percent-gst-assistive-devices-persons-disabilities.html

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).

25 Jul 2026 05:19 PM

Delhi GST GRC Reviews Refunds, Registration, ITC & GSTN Issues

Source: https://taxguru.in/goods-and-service-tax/delhi-gst-grc-reviews-refunds-registration-itc-gstn-issues.html

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.

25 Jul 2026 05:25 PM

Marwar Association Seeks Procedural Clarifications on GSTAT Appeal Process

Source: https://taxguru.in/goods-and-service-tax/marwar-association-seeks-procedural-clarifications-gstat-appeal-process.html

The Marwar GST Appellate Tribunal Bar Association, by letter dated 24.07.2026 addressed to the Registrar of the GST Appellate Tribunal, Jodhpur Bench, welcomed the commencement of hearings from 27.07.2026 and sought procedural clarifications to ensure uniformity during the Tribunal’s initial functioning.

22 Jul 2026 06:01 PM

Government Says No Review Yet of 5% GST on Hotels After Rate Cut

Source: https://taxguru.in/goods-and-service-tax/government-review-5-percent-gst-hotels-rate-cut.html

Finance Ministry Says No Post-Implementation Review of 5% GST on Hotel Accommodation:
In a Lok Sabha reply to Unstarred Question No. 108 answered on 20 July 2026, the Ministry of Finance stated that, based on the recommendation of the GST Council in its 56th meeting held on 3 September 2025, the GST rate on hotel accommodation services with a transaction value of ₹7,500 or less per day was reduced from 12% with Input Tax Credit (ITC) to 5% without ITC. The reply states that the reduction is expected to lower the cost of services, improve affordability, stimulate consumption demand, enhance trade competitiveness, and reduce compliance burden and transaction costs. It further states that the Government has not undertaken any post-implementation review or data-based assessment of its impact on occupancy rates, tourist footfall, affordability, revenue trends, or tourism growth in Tier-II and Tier-III cities, including investment and employment generation. The reply also states that no proposal on this issue is pending before the GST Council and that discussions were held with stakeholders to emphasise that the benefit of the reduced tax rate should be passed on directly to consumers.

21 Jul 2026 06:27 PM

Can the government impose taxes without a law? What Article 265 says

Source: https://www.livemint.com/money/personal-finance/can-the-government-impose-taxes-without-a-law-what-article-265-says-11784617583191.html

Have you filed your income tax return for FY 2025-26? With the 31 July 2026 deadline approaching, taxpayers should ensure they understand not only their tax obligations but also the constitutional principles that govern taxation in India.

21 Jul 2026 06:31 PM

Wipro Consumer Care revenue up 9.3%, acquires hair care giant in Philippines

Source: https://www.livemint.com/companies/wipro-consumer-care-revenue-up-9-3-acquires-hair-care-giant-in-philippines-el-nino-rural-demand-personal-care-11784620672944.html

Strong rural demand and GST rate cuts helped push the annual gross turnover to ₹11,635 crore, even as high palm oil costs and Middle East trade disruptions put pressure on operating margins.

16 Jul 2026 06:22 PM

Can music labels be taxed for promoting songs they own? Supreme Court to decide

Source: https://www.livemint.com/industry/supreme-court-music-label-tax-promoting-songs-music-rights-11784181571202.html

The verdict could affect not only music labels but also sectors such as OTT platforms, sports broadcasting, trademark licensing, franchising, technology licensing and merchandising.

15 Jul 2026 04:55 PM

Can GST officers issue a fraud notice without proof? Madras HC explains

Source: https://www.livemint.com/money/personal-finance/can-gst-officers-issue-a-fraud-notice-without-proof-madras-hc-explains-11784096179261.html

Before the High Court, the petitioners argued that the department should establish fraud before invoking Section 74 and that notices based solely on audit reports or inspection findings were invalid.