GST News

56th GST Council Meet may Grant Full GST Exemption on Life and Health Insurance

03 September 2025 at 09:20

The 56th GST Council meet on Sept 3-4 may approve full GST exemption on life & health insurance policies. Proposal could save policyholders Rs 9,900 crore annually.

Posted in GST | 3072 Views

GST Reform on Cigarettes Likely at Sept 3-4 Council Meeting as FAIDA Pushes for MRP-Based Levy

03 September 2025 at 09:16

FAIDA has urged the Finance Ministry to levy GST on the MRP of cigarettes upfront to curb leakages and illicit trade. The proposal will be discussed at the GST Council meeting on 3-4 Sept 2025.

Posted in GST | 168 Views

TV & Digital News Broadcasters Urge GST Relief Ahead of 3-4 Sept 2025 Council Meeting

03 September 2025 at 09:09

Ahead of the GST Council meeting on 3-4 Sept 2025, TV & digital news broadcasters urged FM Nirmala Sitharaman to shift GST tax point on ads to payment receipt and allow ITC on blocked expenses.

Posted in GST | 93 Views

PAN Card Misused for Fake GST Registrations Worth Rs 43 Crore in Major Identity Theft Case

02 September 2025 at 09:15

PAN card misused to create fake GST registrations, leading to Rs 43 crore fraud. Police launch probe into major identity theft case involving cyber crime.

Posted in GST | 2505 Views

Delhi CM Rekha Gupta Announces Rs 1600 Crore GST Refunds for Traders Before Diwali

02 September 2025 at 09:07

Delhi CM Rekha Gupta announces release of Rs 1600 crore GST refunds pending since 2019, ahead of Diwali, with a new IT module to fast-track claims.

Posted in GST | 531 Views

Indian Beverage Association Urges GST Council to Reclassify Aerated Drinks as 'Food/Merit' Goods

02 September 2025 at 08:59

The Indian Beverage Association has urged the GST Council to reclassify aerated drinks as “food/merit” goods, seeking 18% GST instead of 40%, and lower GST on fruit juices to 5%.

Posted in GST | 294 Views

GST Collections for August 2025 Rises 6.5% to Rs 1.86 Lakh Crore

02 September 2025 at 08:44

India's GST collections rose to Rs 1.86 lakh crore in August 2025, up 6.5% year-on-year. Net revenue grew 10.7%, with Maharashtra, Karnataka, Tamil Nadu and Gujarat leading contributions.

Posted in GST | 1236 Views

DGGI Detects Rs 140 Crore GST Evasion by Online Gaming Firm

01 September 2025 at 09:04

DGGI Ahmedabad uncovers Rs 140 crore GST evasion by an online gaming firm; 36 bank accounts attached, Rs 10.6 crore paid, Chinese links under probe.

Posted in GST | 177 Views

GST Intelligence Unit Cracks Down on Fake Invoices Worth Rs 145 Crore in Karnataka

01 September 2025 at 08:47

DGGI Belagavi busts fake GST invoice fraud worth Rs 145 crore with Rs 43 crore tax evasion; one accused arrested, shell firms and forged documents seized.

Posted in GST | 243 Views

ICAI Recommends Key Suggestions On Practical Issues in GST

30 August 2025 at 09:23

ICAI suggests reforms in GST covering ITC, refunds, registration, and e-way bills to ease compliance and reduce litigation.

Posted in GST | 6024 Views