Source: https://taxguru.in/goods-and-service-tax/representation-top-10-issues-gst-enforcement-actions.html
The Karnataka State Chartered Accountants Association submitted a representation to the Commercial Tax Department highlighting ten critical issues in GST enforcement practices affecting taxpayers and professionals.
Read MoreThe Central Bureau of Investigation (CBI) arrested a Superintendent and an Inspector of Goods and Services Tax (GST), Ranipet Range, in a bribery case registered on 7 April 2026. The case arose from a complaint alleging that the Superintendent demanded ₹30,000 to facilitate GST registration clearance, later agreeing to accept ₹15,000.
Read MoreThe MPC decision to leave the Reserve Bank’s repo rate unchanged is consistent with economic uncertainty—despite a tentative US-Iran ceasefire.
Read MoreSmartphone prices in India have leapt up as input costs rise. Given how vital these handsets are, they deserve tax relief just to help keep them within the reach of our multitudes. This is no ordinary product category.
Smartphone makers in India have raised prices by as much as 40%, according to a Mint report, as the war in West Asia and a chip scarcity push up costs.
India is planning a major push to increase the share of electric cooking stoves in its kitchens, as a shortage of cooking gas triggered by the West Asia war continues to hit households. The plan may involve bringing in multilateral financial institutions to arrange zero-interest loans through state-run Energy Efficiency Services Ltd (EESL).
Read MoreStrong sales mask weak financial discipline, from poor cash flow tracking to GST lapses, leaving many small businesses locked out of credit.
Read MoreNew Delhi, Apr 6 (PTI) Retail sales of vehicles across categories in India in 2025-26 grew by 13.3 per cent at a record 2,96,71,064 units as compared to 2,61,87,255 units in the previous fiscal, with GST 2.0 helping overcome a subdued start to the year, Federation of Automobile Dealers Associations said on Monday.
Read MoreEarly business updates from 19 banks, excluding small finance banks, showed that only a few managed to shrink the gap between loan and deposit growth.
Getting customers to park their money in deposits remains a struggle for banks, as loan demand continues to race ahead of deposit growth. In the March quarter, HDFC Bank stood out as the sole lender to raise deposits faster than loans, a period when its peers struggled.
The auto sector continued to witness strong traction in retail volumes, with sustained momentum across segments following GST cuts. Wholesale volumes across all categories recorded double-digit growth.
Read MoreAccording to Mint’s review of the government's Vahan portal data, Tata Motors PV sold about 408,000 cars between September, when the govt cut GST, and March, higher than the 396,000 units sold by Mahindra and Mahindra.
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