GST News


GST Rate Cut: Consumers Yet to See Full Benefit as Small Retailers Sell at Old Prices

   24 October 2025 at 06:15

While large companies have passed on the benefits, unorganised retailers remain slow to comply, prompting close monitoring by CBIC and government authorities to ensure full pass-through of GST benefits by December.

Posted in GST |   945 Views


Audit Flags Cost Escalation and GST Issues in Chandigarh Streetlight Works

   23 October 2025 at 06:14

Audit report exposes cost escalation, non-scheduled items, and unverified GST payments in Electrical Division No. 3 streetlight works. Final action from authorities awaited.

Posted in GST |   1167 Views


GST Authorities Arrest Key Suspect in Rs 12 Crore Fake ITC Scam

   23 October 2025 at 06:14

Assam GST officials arrest Ujjawal K. Agarwal for allegedly issuing fake Input Tax Credit through bogus billing worth Rs 12 crore. Bail denied, under judicial custody.

Posted in GST |   765 Views


Advocate Falls Victim to Corporate Identity Theft in Rs 5.22 Crore GST Fraud Case

   22 October 2025 at 06:14

A 43-year-old Hyderabad advocate alleged her identity was forged to register multiple private firms, leading to ₹5.22 crore tax evasion notices.

Posted in GST |   1803 Views


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 |   288 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 |   918 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 |   324 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 |   1038 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 |   294 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 |   303 Views



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