GST News

No GST on UPI Transactions Above Rs 2000, Confirms Finance Ministry in Rajya Sabha

26 July 2025 at 09:08

Finance Ministry clarifies in Rajya Sabha that there is no proposal to levy GST on UPI transactions above Rs 2000, as no such recommendation has been made by the GST Council.

Posted in GST | 1 comments | 32658 Views

GST Relief Assurance Fails to Pacify NGOs and Schools Facing Tax Notices in Karnataka

26 July 2025 at 08:44

Trade bodies in Karnataka welcomed the state's assurance to not pursue old GST arrears on exempted services, but NGOs and schools remain wary as tax notices for donations and co-curricular activities continue to raise alarm.

Posted in GST | 138 Views

GST Compensation: Centre Settles Dues for All States Except Arunachal & Manipur

25 July 2025 at 08:50

The Centre has cleared all provisionally admissible GST compensation dues for states and UTs, except Arunachal Pradesh and Manipur. A new mechanism to replace the abolished compensation cess is under review by a Group of Ministers.

Posted in GST | 1506 Views

1 in 5 GST Taxpayers is a Woman, Says SBI Report

24 July 2025 at 09:04

SBI research report reveals that women now make up 20% of GST-registered taxpayers, 15% of income tax filers, and hold 40% of bank deposits, underscoring their growing role in India's formal economy.

Posted in GST | 1575 Views

Gameskraft Case: Supreme Court Hears Final Arguments on 28% GST on Casinos and Online Gaming

24 July 2025 at 08:52

The Supreme Court resumed hearings on the legality of 28% GST on online gaming and casinos, with senior advocates challenging Rule 31A and the taxation of face value of bets as ultra vires the CGST Act.

Posted in GST | 801 Views

CBIC Warns Taxpayers About Fake GST Violation Notices Circulating Online

23 July 2025 at 09:14

CBIC warns taxpayers about a fake GST violation notice scam. Learn how to spot fraudulent documents, verify DINs, and protect yourself from cybercrime. Call 1030 or visit cybercrime.gov.in to report suspicious activity.

Posted in GST | 5556 Views

Karnataka Vegetable Vendor Gets Rs 29 Lakh GST Notice Over UPI Payments

23 July 2025 at 09:07

A vegetable seller in Karnataka received a Rs 29 lakh GST notice for UPI payments worth Rs 1.63 crore. Small vendors now shift back to cash amid rising tax scrutiny on digital transactions.

Posted in GST | 4557 Views

Fake ITC Claims Jump 29% to Rs 15,851 Crore in Q1 FY26

22 July 2025 at 09:17

Fake ITC claims hit Rs 15,851 crore in Q1 FY26, up 29% YoY. GST officers arrest 53, detect 3,558 fake firms. Crackdown on bogus GST registrations intensifies.

Posted in GST | 1578 Views

GST Department Nabs Key Accused in Rs 10 Crore ITC Scam in Vikhroli

22 July 2025 at 09:10

Maharashtra GST & CGST bust Rs 28.6 crore fake ITC scam. Two arrested in separate cases for availing and passing fake Input Tax Credit without real trade.

Posted in GST | 270 Views

GSTR-3A Notices Erroneously Issued to Cancelled Composition Taxpayers Under GST: GSTN Advisory

21 July 2025 at 08:57

GSTN clarifies that GSTR-3A notices were mistakenly issued to some cancelled composition taxpayers due to a system glitch. Affected taxpayers with cancelled registrations before FY 2024-25 can ignore the notices. Technical fixes are underway.

Posted in GST | 3066 Views