Union Finance Minister Nirmala Sitharaman launched the GST Appellate Tribunal (GSTAT), promising fair, fast, and transparent dispute resolution. The tribunal will handle over 4 lakh pending cases with 116 members across 45 locations.
Ministry of Finance officials have begun field inspections to ensure GST 2.0 rate cuts are passed on to consumers. Retailers, especially in pharma and textiles, face challenges adjusting stock purchased at old rates.
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.
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.
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.
India's banking system slipped into a liquidity deficit of Rs 31,986 crore on the back of advance tax and GST outflows, RBI data showed.
From November 1, 2025, low-risk applicants with GST liability below Rs 2.5 lakh per month will get automated GST registration within three working days.
The CBIC has asked officials to track brand-wise prices of food, toiletries, medicines, and durables before and after the September 22 GST cuts. Field officers will also monitor e-commerce sites to ensure consumers fully benefit from lower tax rates.
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