Appeal against judgment of GSTAT Principal bench in the case of Dow Chemical has been filed before SC
Appeal against judgment of GSTAT Principal bench in the case of Dow Chemical has been filed before SC.
Tag: GST
Union Government releases tax devolution of ₹1,09,019 crore to State Governments
The Union Government has released additional instalment of tax devolution to State Governments amounting to Rs. 1,09,019 crore on 1st August 2026, which is in addition to the normal monthly devolution to be released on 10th August 2026.
CBIC readies rules to facilitate filing of multi-state GST appeals
The Central Board of Indirect Taxes and Customs is preparing a framework for streamlining the process for departmental appeals in cases involving more than one state, bringing greater clarity for field formations filing appeals, said officials.
Interest on Delayed Payment of GST Arises by Operation of Law and Cannot be Waived by Courts
The Hon’ble Karnataka High Court in The Commissioner of Central Tax & Ors. set aside the order passed by the Learned Single Judge to the extent it issued blanket directions to the Revenue to waive interest, penalty, and the limitation for filing returns/revised returns in respect of delayed returns and payment of tax by a sub-contractor…
Disparity between seigniorage fee paid and supply value declared in GSTR-1 justifies invocation of extended period of limitation under Section 74 of the CGST Act
The Hon’ble Madras High Court in KPR Enterprises dismissed the writ petitions challenging the assessment orders passed under Section 74 of the TNGST Act and held that where the assessee has paid a huge amount ..
No 10% pre-deposit required on any Penalty-only order from SCN issued prior to October 01, 2025
The Hon’ble Delhi High Court in Gaurav Jain & Anr. held that the proviso to Section 107(6) of the CGST Act, as substituted with effect from October 01, 2025, mandating pre-deposit of ten (10%) per cent of the penalty for filing an appeal against an order demanding penalty without involving any demand of tax, …
PAN misuse? Cobbler receives Rs 6.79 crore GST notice for firm he denies owning
A cobbler from Rajasthan’s Balotra district was left stunned after receiving a GST recovery notice of nearly Rs 6.79 crore, allegedly linked to a company he claims he never owned or operated.
Punjab Government Extends OTS-2025 Till September 30; Taxpayers Get Final Chance to Settle Pre-GST Dues
Punjab Finance, Excise and Taxation Minister Harpal Singh Cheema on Friday announced that the Punjab One Time Settlement (OTS-2025) Scheme for resolving pre-GST tax arrears has received an overwhelmingly positive response from taxpayers.
State coffers boosted by GST as tax collections outpace economic growth
The Goods and Services Tax (GST) regime has strengthened states’ revenue mobilisation, with state GST (SGST) collections growing faster than the pace of economic expansion since its rollout, according to a report by India Ratings and Research (Ind-Ra).
Supreme Court to examine whether the six-month time limit for issuance of show cause notice under Section 74(2) of the CGST Act is mandatory or directory
The Hon’ble Supreme Court in M/s. Bengal Cold Rollers Private Limited issued notice in the challenge laid to the judgment of the Hon’ble Telangana High Court which had held that the time limit prescribed under Section 74(2) of the CGST Act for issuance of a show cause notice is merely directory and not mandatory..