GST News

West Bengal GST Department Issues Framework for Selecting Taxpayers for Audit Under WBGST Act, 2017

27 November 2025 at 06:09

The West Bengal GST Department has released guidelines outlining the criteria and process for selecting registered taxpayers for audit under the WBGST Act, 2017.

Posted in GST | 9033 Views

GST Refund Delays Hurt Punjab Industry, FICO Pushes for Automated System

26 November 2025 at 06:21

FICO has urged the Punjab government to automate GST refunds, citing delays caused by the inverted duty structure and a burdensome four-stage verification process.

Posted in GST | 198 Views

SIT Busts Rs 400 Crore GST Evasion Racket, 144 Shell Firms Linked to Job Scam Exposed

26 November 2025 at 06:21

UP's Special Investigation Team has busted a Rs 400-crore GST evasion racket involving 144 shell companies created using stolen documents of job seekers.

Posted in GST | 1890 Views

Centre Expects Mild Tax Shortfall After GST Cuts, Non-Tax Revenue to Bridge Gap

26 November 2025 at 06:21

The Centre anticipates a marginal shortfall in tax revenue this fiscal due to GST rate cuts, income-tax relief and global headwinds affecting corporate earnings.

Posted in GST | 855 Views

Finance Ministry Revives Plan to Merge Three PSU General Insurers

26 November 2025 at 06:21

The Finance Ministry is reassessing the long-pending merger of Oriental Insurance, National Insurance and United India Insurance after their financial health improved following major capital infusions.

Posted in GST | 453 Views

India's FMCG Market Rebounds in October as GST Cuts Lift Demand

26 November 2025 at 06:21

India's FMCG market saw a strong rebound in October 2025 with value growth rising to 6.8%, driven by GST cuts and improving urban demand.

Posted in GST | 315 Views

CGST Busts Rs 350 Crore Fake GST Invoice Racket in Chennai

25 November 2025 at 06:40

CGST officials in Chennai have busted an inter-state fake GST invoice racket involving 12 entities, confirming Rs 50.85 crore tax evasion with total fraud estimated to exceed Rs 350 crore.

Posted in GST | 759 Views

GST Authorities Arrest Copper Wire Unit MD for Rs 35 Crore Tax Evasion in Chennai

25 November 2025 at 06:16

CGST Chennai North arrests MD of a copper wire firm for Rs 34.81 crore GST evasion after uncovering unaccounted sales and incriminating digital and cash records.

Posted in GST | 567 Views

CBIC Clarifies Legality of Consolidated GST Demand Notices Across Multiple Financial Years

24 November 2025 at 06:21

CBIC issues policy clarification confirming that consolidated GST demand notices for multiple financial years are legally valid under Sections 73 and 74 of the CGST Act.

Posted in GST | 21627 Views

E-commerce Sector Seeks Urgent Clarity on New GST Rules for Local Delivery Services

24 November 2025 at 06:21

E-commerce and logistics sector has sought urgent clarification from the Finance Ministry after GST Notification 17/2025 created confusion over the tax treatment of local delivery and GTA services, affecting MSMEs, platforms, and logistics operators.

Posted in GST | 714 Views