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GST conclave held by CGST, Mumbai South / Audit-I by Smt. Deepshikha Arora, Commissioner with industry leaders, policy makers, tax expert and association leaders to discuss GST’s achievements, challenges, future roadmap. GST Pakhwada is being held from 16th June – 30 June 2025.
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The Lucknow Crime Branch busted an organised GST fraud network allegedly involved in creating fake firms, obtaining fraudulent registrations and facilitating tax evasion through bogus input tax credit (ITC) claims.
GSTN has introduced the IMS on the GST portal, effective October 1, 2024. This new feature is designed to assist GST-registered taxpayers in claiming ITC with fewer disputes. With IMS, invoice data entered by sellers in a designated form on the GST portal will automatically appear in the buyer’s IMS. Using this information, buyers can choose to accept, reject, or leave the invoice pending. Once a buyer accepts an invoice, it will then be included in their GSTR-2B as an eligible input tax credit.
India’s move to tax popcorn differently based on its sugar or spice content has drawn criticism from the opposition and sparked social media outrage, with two former government economic advisers questioning the tax system introduced in 2017.