GST News
CBIC Directs 90% Provisional Refunds to Ease Cash Flow Under Inverted Duty Structure
13 October 2025 at 06:35The CBIC has directed tax officials to release 90% of GST refund claims on a provisional basis to address liquidity issues under the inverted duty structure, following the recent GST rate rationalisation.
Supreme Court Stays Rs 780 Crore GST Proceedings Against Nirdesa Networks
13 October 2025 at 06:35The Supreme Court has stayed DGGI's Rs 780 crore GST notice against Nirdesa Networks and tagged the case with the pending online gaming batch, offering interim relief amid ongoing legal uncertainty on GST applicability to skill-based games.
CAG Flags Systemic Gaps in E-Way Bill Mechanism Under GST
13 October 2025 at 06:34A CAG audit has exposed serious deficiencies in the GST e-way bill system, including duplicate bill generation, invalid taxpayers using the portal, and weak validation controls, urging immediate corrective action.
Jamnagar Based CA Booked in Rs 560 Crore Fake Billing Racket
13 October 2025 at 06:34The Gujarat SGST Department has booked Jamnagar-based CA Alkesh Pedhadiya for his alleged role in a Rs 560 crore fake billing racket involving Rs 112 crore fraudulent ITC claims through 14 bogus firms.
GST Officials Arrest Businessman in Rs 12 Crore Fake ITC Racket
13 October 2025 at 06:34Assam GST officials arrest businessman Ujjwal Kumar Agarwal for a Rs 12 crore fake ITC racket linked to bogus billing and tax evasion through M/s BKS Enterprises.
Centre Mulls Allowing Refund of Unutilised ITC on Capital Goods Under Inverted Duty Structure
13 October 2025 at 06:34Centre considers allowing refunds of unutilised ITC on capital goods under GST’s inverted duty structure, aiming to ease liquidity and support manufacturers.
GSTN Issues Advisory for Taxpayers Facing Errors While Filing GSTR-7
11 October 2025 at 07:06GSTN issues an advisory for taxpayers facing "System Failure" and "Schema Validation Failed" errors while filing GSTR-7. Learn the step-by-step solutions and alternate filing methods to ensure smooth GST compliance.
Infosys Clarifies No Tax Demand, Files Petition Against Rs 415 Crore DGGI Notice in High Court
11 October 2025 at 06:42In response to recent media reports, Infosys Ltd. has clarified that there is no tax demand currently raised against the company and that a writ petition challenging the Directorate General of GST Intelligence's (DGGI) show-cause notice is pending be
FHRAI Flags GST Burden on Hotels, Urges Restoration of ITC to Boost Hospitality Sector
11 October 2025 at 06:42FHRAI President warns that the withdrawal of GST Input Tax Credit has increased costs for hotels, especially in Tier II and Tier III cities, urging the government to reinstate ITC and address copyright and compliance issues.
Kanpur Court Denies Bail to Chartered Accountant in Rs 79 Crore GST Evasion Case
11 October 2025 at 06:41A Kanpur court has rejected the bail plea of Haryana-based chartered accountant Lokesh Haseeja, accused of generating fake invoices and evading Rs 79.18 crore in GST along with an advocate and others.
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