Latest update 03.06.2025

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Webinar: Recent updates in GST & Income tax – June25

A. Update

GSTN is taking downtime to enhance its services on the GST Portal on 03.06.2025 from 12:00 AM onwards until 6:00 am of 03.06.2025.

Gross and Net GST revenue collections for the month of May, 2025

view the gross and net GST revenue collections for the month of May, 2025.

B. Article

Can goods be treated as validly transported if accompanied by e-way bill and tax invoice issued by a supplier whose GST registration was already cancelled?

by CA Ritesh Arora

No, says the Hon’ble Allahabad High Court in M/s Raman Metal Works vs. Addl. Commissioner & Anr.

Physical verification of business premises should be done in the presence of person

by CA Bimal Jain

The Hon’ble Madhya Pradesh High Court in the case of Empire Steel Holdings held that the physical verification of business premises should be done in presence of person.

C. Tax in Media

Senior IRS officer arrested for accepting ₹25 lakh bribe

CBI has arrested Amit Kumar Singhal presently posted as the Additional Director General in the Directorate of Taxpayer Services, New Delhi and Harsh Kotak, for demanding and accepting ₹25 lakh as a bribe. This ₹25 lakh was a part of the payment of the total ₹45 lakh in bribe demanded from the complainant.

May GST mopup up by 16.4%; shows FY26 off to a flying start

Goods and services tax collections surged 16.4% in May to ₹2.01 lakh crore from a year earlier, signaling robust demand at the start of the fiscal year after a strong close to FY25, data released on Sunday showed.

CA held taking ₹10L bribe on behalf of IRS officer: VB

The Punjab Vigilance Bureau (VB) on Friday said it arrested a CA red-handed for reportedly demanding and accepting ₹10 lakh as bribe on the behalf of an IRS officer posted as assistant commissioner, CGST, Jalandhar.

Submission of Declaration/verification Forms by all the Advocates enrolled with the Bar Council of Delhi-reg.

Bar Council of Delhi extends the last date of online submission of Declaration/Verification Forms by all the Advocates enrolled with the Bar Council of Delhi to 28.06.2025 from 31.05.2025.