Trade bodies in Karnataka welcomed the state's assurance to not pursue old GST arrears on exempted services, but NGOs and schools remain wary as tax notices for donations and co-curricular activities continue to raise alarm.
The Centre has cleared all provisionally admissible GST compensation dues for states and UTs, except Arunachal Pradesh and Manipur. A new mechanism to replace the abolished compensation cess is under review by a Group of Ministers.
SBI research report reveals that women now make up 20% of GST-registered taxpayers, 15% of income tax filers, and hold 40% of bank deposits, underscoring their growing role in India's formal economy.
The Supreme Court resumed hearings on the legality of 28% GST on online gaming and casinos, with senior advocates challenging Rule 31A and the taxation of face value of bets as ultra vires the CGST Act.
CBIC warns taxpayers about a fake GST violation notice scam. Learn how to spot fraudulent documents, verify DINs, and protect yourself from cybercrime. Call 1030 or visit cybercrime.gov.in to report suspicious activity.
A vegetable seller in Karnataka received a Rs 29 lakh GST notice for UPI payments worth Rs 1.63 crore. Small vendors now shift back to cash amid rising tax scrutiny on digital transactions.
Fake ITC claims hit Rs 15,851 crore in Q1 FY26, up 29% YoY. GST officers arrest 53, detect 3,558 fake firms. Crackdown on bogus GST registrations intensifies.
Maharashtra GST & CGST bust Rs 28.6 crore fake ITC scam. Two arrested in separate cases for availing and passing fake Input Tax Credit without real trade.
GSTN clarifies that GSTR-3A notices were mistakenly issued to some cancelled composition taxpayers due to a system glitch. Affected taxpayers with cancelled registrations before FY 2024-25 can ignore the notices. Technical fixes are underway.
Starting July 2025, GSTN will make Table 3.2 of GSTR-3B non-editable, auto-populating inter-state supply details from GSTR-1, GSTR-1A, or IFF. Taxpayers must ensure accurate reporting to avoid discrepancies and filing issues.
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)