Latest update 27.07.2026

Circular no. 256/02/2026-GST dated 25.07.2026

CBIC issued Circular no. 256/02/2026-GST dated 25.07.2026 to provide Clarification regarding filing of appeal by department before GSTAT against order of appellate authority (where Orders-in-Original have been passed by a Common Adjudicating Authority in DGGI cases)

No GST Levy on Assignment of Leasehold Rights of Industrial Plots as Supreme Court Dismisses Revenue’s SLPs

The Hon’ble Supreme Court in Union of India & Ors. dismissed the batch of Special Leave Petitions filed by the Revenue against the judgment of the Hon’ble Gujarat High Court dated January 03, 2025, which had held that assignment/sale and transfer of leasehold rights of a plot of land allotted by the GIDC

Voluntary Tax Payment Does Not Bar Proceedings Under Section 74 Where Suppression Allegation Remains Uncontested

The Hon’ble Patna High Court in the case of Manju Devi Agarwal held that where the taxpayer voluntarily discharged substantial tax liability after audit but failed to contest allegations of wilful suppression and also admitted liability towards interest and penalty during adjudication

No Addition under Income Tax Law on Bogus Purchases, Where Sales Are Accepted and Supplies Are Backed by GST Records and Banking Trail

The ITAT, Kolkata Bench in M/s Diach Chemicals & Pigments Pvt. Ltd. set aside the addition sustained by the Commissioner of Income-tax (Appeals) on account of alleged bogus purchases and held that where the impugned purchases are duly backed by tax invoices, e-way bills, lorry receipts, weighment slips, GSTR-1 and GSTR-3B