GST News

DGGI Uncovers Rs 21.64 Crore GST Evasion by Scrap Dealer in Karnataka

22 October 2025 at 06:14

The DGGI Belagavi unit unearthed Rs 21.64 crore GST evasion by a scrap trader in Harihar, Davanagere, involving fake invoices worth Rs 112 crore and fraudulent ITC claims.

Posted in GST | 345 Views

GST Cuts Boost Festive Consumption: FM Sitharaman Expects Demand to Stay Strong Beyond Season

22 October 2025 at 06:14

FM Sitharaman said recent GST cuts effective from September 22 have boosted festive consumption, with Rs 2.5 lakh crore in tax benefits reaching consumers.

Posted in GST | 942 Views

RBI Rate Cut Likely Before Year-End as GST Simplification Boosts Credit Outlook

21 October 2025 at 08:37

A report predicts another policy rate cut before year-end as GST simplification, regulatory easing, and RBI measures boost credit demand and growth outlook.

Posted in GST | 429 Views

GST Rate Cuts Show Impact: Prices of Daily-Use Items Fall Sharply, Says Finance Ministry

21 October 2025 at 08:26

The govt confirms GST rate cut benefits are reaching consumers; prices of 54 essential items monitored to ensure full tax relief and transparency.

Posted in GST | 1890 Views

GSTN Enhances Payment Infrastructure with UPI and Card Integration Across 26 States

20 October 2025 at 07:16

GSTN has introduced UPI and Debit/Credit Card payments for GST, adding Indian Overseas Bank and Bandhan Bank to its network.

Posted in GST | 483 Views

GST Rate Revisions and Weak US Generics Weigh on Pharma Q2 FY26 Performance

20 October 2025 at 07:16

India's pharmaceutical sector is set for moderate Q2 FY26 growth as GST rate revisions and US pricing pressure weigh on margins.

Posted in GST | 378 Views

Union Ministers Highlight GST Bachat Utsav: Next-Gen GST Reforms Bring Major Relief to Consumers

20 October 2025 at 07:16

At the GST Bachat Utsav in New Delhi, Union Ministers Nirmala Sitharaman, Piyush Goyal, and Ashwini Vaishnaw announced that Next-Gen GST reforms have reduced tax slabs, cut rates on essentials, and boosted consumer spending.

Posted in GST | 156 Views

GSTN Extends GSTR-3B Due Date for September 2025 to October 25, Citing Festive Season

18 October 2025 at 07:54

GSTN extends GSTR-3B filing due date for September 2025 from October 20 to October 25, offering festive season relief and easier GST compliance for taxpayers.

Posted in GST | 5877 Views

GST Portal Adds "Pending" Option for Credit Notes and ITC Reversal Declaration in IMS

18 October 2025 at 07:44

GST portal introduces a new IMS feature allowing taxpayers to mark credit notes as "Pending" and declare ITC reversal amounts for better compliance.

Posted in GST | 1857 Views

GSTN Issues Detailed FAQs on GSTR-9/9C for FY 2024-25

17 October 2025 at 09:28

GSTN enables GSTR-9 and GSTR-9C for FY 2024-25. Read key highlights from the latest FAQs clarifying ITC reporting, table-wise changes, late fee calculation, and new Excel utilities for annual return filing.

Posted in GST | 3735 Views