GST News

GST Council Likely to Approve 5% and 18% Two-Slab Structure: Big Reforms Coming by Diwali

16 August 2025 at 08:57

The GST Council may finalise next-gen reforms in its September-October meeting, including a two-slab structure of 5% and 18%, a 40% sin tax, faster refunds, and pre-filled returns to ease compliance.

Posted in GST | 2202 Views

GST System to Align AATO Figures on NIC e-Invoice Portals from 1st September 2025

16 August 2025 at 08:38

From September 1, 2025, NIC e-Invoice portals will display Aggregate Annual Turnover (AATO) data aligned with GST system records. Taxpayers can report discrepancies via the GST Grievance Redressal Portal or Helpdesk.

Posted in GST | 1932 Views

PM Modi Announces Next-Gen GST Reforms to Boost Economy and Ease of Living

16 August 2025 at 08:37

On the 79th Independence Day, PM Narendra Modi announced plans for next-generation GST reforms focusing on structural changes, rate rationalisation, and ease of living to benefit the common man, farmers, MSMEs and key economic sectors

Posted in GST | 354 Views

Rajasthan Commercial Taxes Dept Tightens ITC Verification for Delayed GST Registrations

15 August 2025 at 07:59

Rajasthan GST Dept issues circular to reject ITC claims on pre-registration stock for businesses registering after 30 days; directs strict monitoring to curb revenue leakage.

Posted in GST | 171 Views

SGST Department Arrests Two Company Directors for Rs 50 Crore GST Evasion Through Fake ITC Claims

15 August 2025 at 07:29

SGST arrests two company directors in Rs 50 crore GST evasion cases involving fake invoices and fraudulent ITC claims, as authorities intensify crackdown on tax fraud

Posted in GST | 489 Views

Ministry of Defence to Reimburse 18% GST on Defence R&D Grants for Start-Ups and MSMEs

15 August 2025 at 07:04

MoD to reimburse 18% GST to private start-ups and MSMEs on defence R&D grants under iDEX and TDF schemes, offering interim relief until GST Council decides on permanent exemption.

Posted in GST | 210 Views

GSTN Launches "Navigate to GSTR-1A" on GST Portal

15 August 2025 at 07:04

GSTN introduces the "Navigate to GSTR-1A" feature on the GSTR-3B payment page, allowing taxpayers to easily review, edit and correct sales data before filing returns, ensuring greater accuracy and compliance.

Posted in GST | 252 Views

CAG Flags Gaps in GST E-Way Bill System

15 August 2025 at 07:00

CAG’s audit of the GST E-Way Bill system reveals ₹576.86 crore in revenue loss due to tax evasion, urges tighter monitoring, alerts for misuse, and improved enforcement to protect government revenue.

Posted in GST | 1302 Views

PG in Bengaluru Faces Backlash Over 12% GST on Online Rent Payments

14 August 2025 at 09:23

A Bengaluru PG's notice demanding cash-only rent to dodge 12% GST on online payments has ignited a social media debate over tax evasion, tenant rights, and transparency in the rental market.

Posted in GST | 8235 Views

Karnataka GST Evasion Cases Soar Five-Fold in FY25, Highest in Three Years

13 August 2025 at 09:21

Karnataka sees a five-fold rise in GST evasion cases in FY25, with Rs 39,577 crore detected - the highest in three years. FM Nirmala Sitharaman clarifies no UPI-based notices from the Centre.

Posted in GST | 150 Views