Latest update 28.08.2026

latest update

Show Cause Notice issued to a non-existent amalgamated company is void ab initio and cannot be saved by Section 87 of the CGST Act

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The Hon’ble Bombay High Court in the case of Kanakia Spaces Realty Private Limited set aside the Order-in-Original confirming a GST demand of Rs. 42.65 crores which was passed on the basis of a Show Cause Notice issued under Section 74 of the CGST Act in the name of a company

Partners of a Partnership Firm are personally liable for GST dues of the Firm and bank account of an erstwhile partner can be attached for recovery

The Hon’ble Madras High Court in the case of M/s. VRAA and Co. dismissed the writ petition filed by a partnership firm challenging the attachment of the bank account of its erstwhile partner, holding that the Assistant Commissioner is duly empowered to issue a communication..

Prima facie satisfaction and not conclusive proof of fraud is sufficient to invoke Section 74 of the CGST Act

The Hon’ble Madras High Court in Fastenex Private Limited & Ors. while deciding a batch of nearly 250 writ petitions challenging proceedings initiated under Section 74 of the Central Goods and Services Tax Act, 2017

Reliance Jio gets tax relief as ITAT deletes ₹11,003 cr disallowance

The Income Tax Appellate Tribunal (ITAT) has deleted a ₹11,003-crore tax disallowance against Reliance Jio Infocomm for the assessment year 2019-20, ruling that how a company records an expense in its books does not, by itself, determine how it should be treated for tax purposes.

Mahindra Holidays receives ₹11.34-cr GST demand notice

Mahindra Holidays & Resorts India Limited on Wednesday said it has received a notice from the Dehradun GST authority demanding nearly ₹11.34 crore for alleged shortfall in tax payments across four financial years.

Customs transitioned from duty collector to trade facilitator, says official

The Customs Department has successfully transitioned from a traditional duty collection agency into a dedicated facilitator of global trade, a senior official said on Tuesday.

GST Return Scrutiny u/s 61 -TNGST

Office of the Commissioner of Commercial Taxes, Nandanam, Chennai issued Circular No. 07/2026-TNGST dated 25.06.2026 regarding GST- Return Scrutiny under Section 61 of the TNGST Act, 2017 and adjudication proceedings – Prior approval for suo moto scrutiny notices and ex parte orders.

Handbook on Residential Status for NRIs – Tax and FEMA Aspects

The Institute of Chartered Accountants of India (ICAI), New Delhi issued Handbook on Residential Status for NRIs – Tax and FEMA Aspects in July 2026.

DGFT Trade Notice 22/2026-27 dt 25.08.2026

Directorate General of Foreign Trade (DGFT) issued Trade Notice 22/2026-27 dated 25.08.2026 regarding Enhancements in the Pre-Shipment Inspection Agency (PSIA)/Pre-Shipment Inspection Certificate (PSIC) process

Circular No. 37/2026- Customs dated 27.08.2026

CBIC issued Circular no. 37/2026-Customs dated 27.08.2026 regarding Modalities for payment of exempted GST at the time of import of Raw Sugar actually imported under Advance Authorisation (AA) Scheme to be converted into Tariff Rate Quota (TRQ) Scheme.

GST Portal downtime 26.08.26

GSTN is taking downtime to enhance its services on the GST Portal on 28.08.2026 from 12:00 AM onwards until 6:30 am of 28.08.2026.

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