The GST Appellate Tribunal (GSTAT) will handle pending anti-profiteering cases and serve as a single forum for GST disputes. Hearings are expected by December, with appeal filing extended to June 30, 2026.
HRAWI urges the government to rationalise GST for hotels and restaurants, proposing 5% GST with ITC or 18% GST with partial ITC to balance consumer benefits with industry sustainability and reduce operational costs.
The CAG and CBDT have signed an MoU to collaborate on training, research, and AI-driven audits, focusing on capacity building, GST audits, and governance reforms.
The Finance Ministry, via Notification No. 40/2025-Customs, has extended the validity of key customs duty exemptions until September 30, 2027, while phasing out some from September 2025.
Taxpayers must file pending GST returns before October 31, 2025, as per Finance Act 2023. After three years from the due date, filing will be permanently barred.
CBDT has extended the due date for filing Tax Audit Reports for Assessment Year 2025-26 from September 30 to October 31, 2025, providing relief to taxpayers and professionals.
Union Finance Minister Smt. Nirmala Sitharaman launched the GSTAT) in New Delhi, introducing a digital-first, nationwide forum for resolving GST disputes.
An Ayodhya farmer, owning just three bighas of land, received income tax and GST notices claiming turnovers of Rs 11.91 crore due to alleged PAN misuse. Authorities are investigating and coordinating between GST and I-T departments to trace the culprits.
The Income Tax Department opposed actor C. Joseph Vijay’s writ petition challenging a Rs 1.5 crore penalty for not voluntarily disclosing an additional Rs 15 crore income during FY 2015-16.
The Supreme Court has upheld a Rs 8.59 crore service tax demand on the Airports Authority of India for fees collected from airlines, exporters, and cargo operators between 2003 and 2007, rejecting AAI’s appeal against the CESTAT ruling.
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