Category: GST
Kanpur police arrested seven people, including a chartered accountant, for a Rs 7 crore GST fraud involving fake firms, invoices, and illegal ITC claims.
West Bengal AAR allows ITC on food and beverages for event management services when supplied as part of a taxable composite supply. Read the conditions, risks, and compliance tips.
India’s GST collections stood at ₹1.93 lakh crore in January 2026, up 6.2% year‑on‑year. Net revenue rose to ₹1.70 lakh crore, led by strong import growth.
Union Budget 2026-27 proposes targeted GST law amendments impacting discounts, refunds, appellate mechanisms, and intermediary services. Read a clear analysis of implications.
Explore indirect tax changes in Finance Bill 2026 covering customs, GST law amendments, export facilitation, and SEZ measures.
Finance Bill 2026 presented in Parliament. Read key direct/indirect tax proposals, GST changes and highlights of Union Budget 2026-27.
Ahead of Budget 2026, ICAI has proposed tax reforms to reduce litigation, ease compliance and rationalise income-tax provisions.
Markets expect Budget 2026 to focus on GST rationalisation, fiscal discipline and policy stability to sustain growth amid global uncertainty.
Gujarat High Court quashes GST RFD-03 deficiency memo, holds refund of interest paid under protest on non-taxable GIDC leasehold assignment must be processed under Section 54.
GSTN introduces new GSTR-3B rules from Jan 2026, revised interest calculation, ITC flexibility, auto tax breakup & interest recovery explained.