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Introduction In Torrent Power Ltd. v. Union of India & Ors. Decided on 14 August 2026 (SCA/12175/2024), the Gujarat High Court examined the GST treatment of corporate guarantee...
The Government of India has changed the import policy and its conditions regulating imports of Clear Float Glass of thickness varying from 4 mm to 12 mm, falling under ITC (HS) Cod...
The Goods and Services Tax (GST) was implemented on July 1, 2017, under the banner of “One Nation, One Tax, One Market”. In Jammu & Kashmir, it was implemented on July 8th 2017...
The Gujarat Authority for Advance Ruling (AAR) has mentioned that paper bags manufactured from paper or paperboard are charged to GST at 5% under the entry which includes paper sac...
A Bench including Justice Pamidighantam Sri Narasimha and Justice Alok Aradhe heard the case on July 21, 2026. The SLPs challenged the consolidated judgment of the Gujarat HC dated...
The Madras High Court has held that government contractors are entitled to reimbursement of the additional GST paid due to the transition from the VAT regime to the GST regime, pro...
The New Delhi Principal Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) has said that theatres cannot keep the benefit of Goods and Services Tax (GST) rate reduction...
Paddy and rice millers have urged Chief Minister C. Joseph Vijay to request the Centre and the GST Council to remove the 5% Goods and Services Tax (GST) on rice, as it is considere...
The Gujarat High Court upheld the GST on corporate guarantees but struck down the ‘whichever is higher’ condition. The Gujarat High Court has kept the GST on corporate guarantees f...
ऑडिटर ने 1,334 मामलों का पता लगाया था, जिनमें से 903 मामलों में CBIC ने टिप्पणियों को स्वीकार किया. इन मामलों में कुल 268.36 करोड़ रुपए शामिल थे. अब तक 15.88 करोड़ रुपए की वसूली हु...
A works contractor from Srinagar spends three years executing running-account bills for a Government Department. Every month, two percent is quietly deducted from his bill before p...
The Madras High Court on 30 June said that Input tax credit (ITC) could not be claimed on the grounds of a fabricated contractual arrangement, where the agreement and related invoi...
According to provisional data released by the Finance Ministry, India’s gross GST collections reached ₹1,94,812 crore in June 2026, registering a 13.9% year-on-year growth over ₹1,...
Breaking News: Supreme Court Upholds Gujarat High Court Verdict – No GST on Transfer of Long-Term Leasehold Rights of Industrial Plots A Major Relief for Industry, Businesses &am...
A trader in Srinagar buys goods worth lakhs from a registered supplier, pays the full invoice amount including GST, receives a proper tax invoice, and files his returns on time. Mo...
The Gauhati High Court has ruled that GST authorities cannot bypass the mandatory statutory process outlined under Section 61 of the CGST Act during return scrutiny. The Court emph...
The Karnataka High Court has ruled that no GST can be deducted from compensation paid for the compulsory acquisition of land, holding that such acquisition does not constitute a “s...
Introduction The Hon’ble Guwahati High Court in Gurucharan Kangsa Banik v. Union of India, W.P.(C) No. 2881 of 2026, decided on 03.06.2026, set aside an Order-in-Original which had...
Synopsis: Nine years after GST was introduced, annual GST collections have more than tripled from Rs. 5.40 lakh crore in FY2017-18 to a record Rs. 16.75 lakh crore in FY2024-25, hi...
The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has introduced a clear framework allowing homebuyers to reclaim the Goods and Services Tax (GST) paid on flat bookings t...
The Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 256/02/2026-GST, dated 25 July 2026, prescribing the procedure for filing departmental appeals before...
Gross GST collections surged 15.4% to more than INR 2.11 lakh crore in July 2026, driven by higher earnings from domestic sales and imports, reflecting sustained economic activity...
The Ministry of Finance informed the Rajya Sabha that central tax authorities detected input tax credit (ITC) fraud worth ₹74,781.56 crore across 30,162 cases during FY 2025–26, wi...
The Government has outlined measures to strengthen the apportionment and settlement of Integrated Goods and Services Tax (IGST) revenue between the Centre and the States. The detai...
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