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The State Tax officer has issued a show cause notice in Form GST DRC-01 alleging a difference in outward supplies between GSTR-1 and GSTR-3B. The turnover of its sister concerns has been elaborated by the applicant, who has been incorrectly uploaded in GSTR-1 for December 2017, which has developed the discrepancy. For the ITC mismatches, […]
In August, India collected Rs 1.86 lakh crore as Goods and Services Tax (GST), which is 6.5% more compared to the same month last year, as per the data specified. But the number is not more than July’s Rs 1.96 crore. The highest-ever GST collection at Rs 2.37 lakh crore was seen in April 2025. […]
In India, complying with the Goods and Services Tax (GST) rules is crucial. Often, the norms and due dates may be revised; therefore, it is essential to select the right digital tools to manage tax-related tasks, such as filing returns and handling invoices. Two options are there at present- GST mobile apps and online software. […]
In an advisory dated August 28, 2025, the Goods and Services Tax Network (GSTN) stated that the GST system has been enhanced to allow taxpayers to claim refunds when individual components (minor heads) of a GST demand column show negative balances, provided the overall cumulative balance is zero or positive. Advisory helps small businesses and […]
The Madurai Bench of the Madras High Court, in a ruling on the applicable GST rate for a works contract completed before the 2022 rate revision, directed the department to reassess the demand based on the evidence submitted. The petitioner, V. Janarthanan, a contractor, challenged an assessment order issued under Section 74. The department raised […]
The Madras High Court has cancelled a tax assessment order under the Goods and Services Tax (GST) law. This decision was made because the taxpayer didn’t submit a response, but the court found that the error in following the rules was actually the auditor’s fault, not the taxpayer’s. The applicant, M/s Siva Cotton, represented by […]
The ICEA has requested the centre to reduce the GST rate on air conditioners and television sets from 28% to 18%. This modification is sought to boost domestic demand, increase affordability, and enhance global competitiveness. ICEA chairman Pankaj Mohindroo cited that Air conditioners and televisions are essentials for consumers that specify the modern quality of […]
The Gujarat Chamber of Commerce and Industry has urged Finance Minister Nirmala Sitharaman, in a letter, to ease the GST framework by issuing industry-specific guidance notes, as the government is working on next-generation GST reforms. Nayan Sheth, chairman of the indirect tax committee of the GCCI, cited that the devotion of the government to lessen […]
The Indian Medical Association (IMA) has requested the central government to remove the GST on a wide range of essential and lifesaving medicines. This contains drugs for treating high blood pressure, diabetes, cancer, and heart conditions. The government needs to consider reducing GST on medical equipment, as they are the backbone of healthcare delivery, IMA, […]
