GST News
GST 2.0 Takes Shape: Industry Seeks Rate Rationalisation and ITC Reforms in Budget 2026
20 December 2025 at 07:23GST 2.0 gathers momentum as industry looks to Budget 2026 for rate rationalisation, ITC reforms, petroleum inclusion and relief on inverted duty refunds.
No New GoM on GST Revenue Losses Yet, Says FM Sitharaman
18 December 2025 at 06:55No new GoM planned on GST revenue losses as Centre admits rate rationalisation may leave states with Rs 47,700 crore net shortfall.
GST Rate on Apparel Rationalised; 18% Tax for Garments Above Rs 2500
18 December 2025 at 06:54GST on readymade garments priced above Rs 2500 has been increased to 18% from September 22, 2025, while items up to Rs 2500 now attract 5%, the government told Lok Sabha.
GST Fraud: Four Arrested for Rs 37.87 Crore Tax Evasion Using Fake Firms
18 December 2025 at 06:54Kanpur police and State Tax department arrest four for Rs 37.87 crore GST evasion involving fake firms and bogus sales exceeding Rs 210 crore.
GST Automation Playing Key Role in Tackling Tax Evasion: Finance Ministry
18 December 2025 at 06:54GST automation, e-invoicing and AI tools have reduced tax evasion, improved revenue buoyancy and boosted investor confidence, the government told Lok Sabha.
Fake GST Registrations Led to Rs 31,000 Crore Tax Evasion, Govt Tells Lok Sabha
18 December 2025 at 06:54More than 10,000 fraudulent GST registrations using forged PAN and Aadhaar detected in last 2.5 years, involving Rs 31,000+ crore tax evasion, govt tells Lok Sabha.
DGGI Arrests Tax Consultant and Trader in Rs 30 Crore Bogus GST ITC Racket
16 December 2025 at 09:22DGGI arrests a Jamnagar-based tax consultant and trader in a Rs 30 crore bogus GST ITC fraud in Gujarat, uncovering fake firms, invoices and e-way bills.
Rising Incomes, GST Rationalisation Fuel Rural Consumption Revival in 2025
16 December 2025 at 06:51India’s rural economy recorded a strong recovery in late 2025, driven by higher consumption, rising incomes, GST rate rationalisation and easing inflation, according to NABARD’s latest Rural Economic Conditions and Sentiments Survey.
State GST Launches 10-Day Drive to Clear Pending GSTR-3B Returns
16 December 2025 at 06:51The State GST department has launched a 10-day special drive across the Chhatrapati Sambhajinagar Zone to clear pending GSTR-3B returns of over 8,600 taxpayers, aiming to recover Rs 47.63 crore in SGST and improve compliance.
IndiGo Faces Rs 58.75 Crore GST Penalty Notice Amid Ongoing Flight Disruptions
15 December 2025 at 06:44IndiGo has received a Rs 58.75 crore GST penalty notice for FY21 from the Delhi South CGST Commissionerate. The airline says the order is flawed, will challenge it legally, and expects no impact on operations or financials.
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