GST News

DGGI Uncovers Rs 700 Crore GST Fraud in Rajasthan; Seven Arrested

24 February 2025 at 08:54

In a major crackdown on GST evasion, the Directorate General of GST Intelligence (DGGI) has unearthed a Rs 700 crore tax fraud in Rajasthan, exposing a large-scale scam in the scrap trading and iron goods industry.

Posted in GST | 2 comments | 1728 Views

E-Way Bill Now Mandatory for Scrap Supply in Dadra & Nagar Haveli, Daman & Diu

22 February 2025 at 08:57

In a significant compliance reminder, authorities have reiterated that taxpayers engaged in the supply of scrap are mandatorily required to generate e-way bills for consignments exceeding ₹50,000 in value.

Posted in GST | 432 Views

Delhi Police's ACB Arrests Two for Alleged Bribery in GST Registration Case

20 February 2025 at 08:32

The Anti-Corruption Branch (ACB) of the Delhi Police has arrested two individuals, including a government stenographer, for allegedly demanding a bribe of Rs 50,000 to revoke the suspension of a GST registration.

Posted in GST | 945 Views

CBIC Introduces Automated Refund System for Customs to Streamline Process and Cut Costs

19 February 2025 at 08:36

The Central Board of Indirect Taxes and Customs (CBIC) has announced the implementation of an automated refund system for customs duty under Circular No. 05/2025-Customs, dated February 17, 2025.

Posted in GST | 1416 Views

Biometric Aadhaar Authentication for GST Registration Now Live in Jharkhand & Andaman & Nicobar

18 February 2025 at 08:50

Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Jharkhand and Andaman and Nicobar Islands

Posted in GST | 351 Views

CBIC Clarifies GST Rates on Popcorn

18 February 2025 at 08:34

The Central Board of Indirect Taxes & Customs (CBIC) has issued a clarification on GST rates applicable to different categories of popcorn, settling ongoing disputes over tax interpretation. The board has also regularised rate disputes on specifi

Posted in GST | 690 Views

28% GST Impact: Dream11 CEO Warns of Massive Shutdowns in Online Gaming Sector

17 February 2025 at 07:42

The Indian online gaming industry is at a critical juncture, with Dream11 co-founder and CEO raising concerns over the government's retrospective GST demands exceeding ₹1.1 lakh crore.

Posted in GST | 1113 Views

GST Council Mulls Tax Rate Cuts, Considers Eliminating 12% Slab to Boost Consumption

17 February 2025 at 07:37

The Goods and Services Tax (GST) Council is reportedly considering a reduction in tax rates on select items to stimulate consumption while maintaining revenue stability, according to a report citing sources familiar with the discussions.

Posted in GST | 555 Views

FM Responds to Jaya Bachchan: GST on Movie Tickets Slashed from 28% to 18%

17 February 2025 at 07:37

Responding to concerns raised by MP and former actor Jaya Bachchan, Sitharaman emphasized that GST has significantly reduced the tax burden on the film industry compared to the pre-GST era.

Posted in GST | 1899 Views

GSTN Introduces Form ENR-03 for Enrolment of Unregistered Dealers on E-Way Bill Portal

17 February 2025 at 07:36

In a move to streamline the e-Way Bill (EWB) system, the Goods and Services Tax Network (GSTN) has introduced Form ENR-03, enabling unregistered dealers and persons to enrol and generate e-Way Bills.

Posted in GST | 1854 Views