GST News

GST on Apartment Maintenance: No Burden on Residents, Clarifies FM Sitharaman

29 July 2025 at 09:18

Finance Minister Nirmala Sitharaman clarifies that GST applies only to apartment associations with turnover above Rs 20 lakh and monthly maintenance charges over Rs 7,500 per member. Residents are not liable for GST compliance.

Posted in GST | 37 comments | 405426 Views

Ex-ED Officer Sentenced to 3 Years in Bribery Case by Special CBI Court in Bengaluru

29 July 2025 at 09:02

A special CBI court in Bengaluru has sentenced former ED officer M. Lalit Bazad to 3 years in prison with a Rs 5.5 lakh fine for accepting a Rs 5 lakh bribe in a 2021 corruption case linked to a China loan scam.

Posted in GST | 318 Views

Businesswoman Arrested for Rs 100 Crore GST Fraud Involving 27 Shell Firms

28 July 2025 at 09:17

The DGGI Bhubaneswar has uncovered a Rs 100 crore GST fraud involving 27 fake firms operated by a Rourkela businesswoman. She was arrested after fake input tax credit claims and bogus transactions across states were exposed.

Posted in GST | 1500 Views

Rajasthan Labourer Discovers Rs 18 Crore Fake Firm in His Name, Rs 3 Crore GST Fraud Uncovered

28 July 2025 at 08:49

A Rajasthan labourer discovers an Rs 18 crore fake firm registered in his name in Delhi, exposing a GST fraud of over Rs 3 crore. Police and tax officials launch a probe into the shocking identity theft case.

Posted in GST | 1 comments | 4674 Views

No GST on UPI Transactions Above Rs 2000, Confirms Finance Ministry in Rajya Sabha

26 July 2025 at 09:08

Finance Ministry clarifies in Rajya Sabha that there is no proposal to levy GST on UPI transactions above Rs 2000, as no such recommendation has been made by the GST Council.

Posted in GST | 1 comments | 32658 Views

GST Relief Assurance Fails to Pacify NGOs and Schools Facing Tax Notices in Karnataka

26 July 2025 at 08:44

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.

Posted in GST | 138 Views

GST Compensation: Centre Settles Dues for All States Except Arunachal & Manipur

25 July 2025 at 08:50

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.

Posted in GST | 1506 Views

1 in 5 GST Taxpayers is a Woman, Says SBI Report

24 July 2025 at 09:04

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.

Posted in GST | 1575 Views

Gameskraft Case: Supreme Court Hears Final Arguments on 28% GST on Casinos and Online Gaming

24 July 2025 at 08:52

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.

Posted in GST | 801 Views

CBIC Warns Taxpayers About Fake GST Violation Notices Circulating Online

23 July 2025 at 09:14

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.

Posted in GST | 5556 Views