GST
India’s July GST Collections Hit ₹1.96 Lakh Crore, Up 7.5% Annually.
Gross GST collections in India rose to ₹1,95,735 crore in July 2025, a 7.5% increase from the same period last year. This growth signals continued economic activity, though the pace has slowed. On a year-to-date basis (April–July), gross GST revenue surged 10.7% to ₹8.18 lakh crore. Key Figures for July 2025: Net Revenue Growth Stalls … Read more
GST Fraud Surges 29%: ₹15,851 Crore Fake ITC Uncovered in Q1 FY25
GST authorities have cracked down on ₹15,851 crore in fraudulent Input Tax Credit (ITC) claims between April and June of the current fiscal year. This marks a significant 29% increase in detected fraud compared to the same period last year. Officials also uncovered 3,558 fake firms involved in these schemes, leading to 53 arrests and … Read more
Mandatory Auto-Population for GSTR-3B Table 3.2 from July 2025
Advisory on reporting values in Table 3.2 of GSTR-3B Jul 19th, 2025 Kindly refer to the advisory on table 3.2 of GSTR-3B, issued on 11th April 2025, wherein it was informed that, from April 2025 tax period, inter-State supplies auto-populated in Table 3.2 of GSTR-3B on the GST portal would be made non-editable and GSTR-3B … Read more
Gameskraft GST Battle: Supreme Court to Seal Fate of India’s Online Gaming on July 25
The Supreme Court is set to reserve its judgment on July 25, 2025, in the Gameskraft GST case, a landmark legal battle with ₹1.5 lakh crore in Goods and Services Tax (GST) demands at stake. This high-profile case has massive implications for real money gaming (RMG) operators, casinos, and lottery businesses across India. A division … Read more
GST Waiver Appeal Process: Your Guide to APL-01 Against SPL-07
1.Taxpayers who have filed waiver applications in Forms SPL 01/SPL 02 are receiving orders from the jurisdictional authorities: Acceptance Order in SPL 05 or Rejection Order in SPL-07. 2.The GST Portal has now been enabled to allow taxpayers to file Appeal applications(APL 01) against SPL 07 (Rejection) Order. 3.Please use the Navigation below to file Appeal Application against SPL-07 … Read more
GST Fraud Uncovered: Rs 266 Cr Fake Invoices, Rs 48 Cr ITC Fraud; Mastermind Nabbed
DGGI Bengaluru Unit uncovers six shell companies with fraudulent invoices worth Rs. 266 crore involving Rs. 48 crore fraudulently claimed Input Tax Credit; mastermind arrested In a follow up operation connected with investigation of a case initiated in Bengaluru, the officers of Directorate General of GST Intelligence, Bengaluru Zonal Unit, carried out searches in over … Read more
ED Files PMLA Complaint in Rs 734 Cr GST Fraud; 4 Masterminds Nabbed
Ranchi, Jharkhand – The Directorate of Enforcement (ED) has taken decisive action in a massive Rs 734 crore Goods and Services Tax (GST) input tax credit (ITC) fraud case, filing a prosecution complaint against four alleged masterminds. The complaint was submitted to a special Prevention of Money Laundering Act (PMLA) court in Ranchi. The four … Read more
CII Predicts 6.4-6.7% GDP Growth for FY2026; Calls for GST Overhaul
CII Forecasts 6.4-6.7% GDP Growth for FY26, Advocates for Simplified 3-Tier GST New Delhi, India – The Confederation of Indian Industry (CII) is projecting a robust 6.4-6.7% growth for India’s Gross Domestic Product (GDP) in the upcoming financial year (FY26). This optimistic outlook is primarily fueled by strong domestic demand, though the newly appointed CII … Read more
Sitharaman Mandates GST Streamlining & Enhanced Taxpayer Grievance Redressal
Finance Minister Nirmala Sitharaman has called on the Central Board of Indirect Taxes and Customs (CBIC) to streamline the GST registration process and enhance grievance redressal for taxpayers.1 These directives were issued during a recent CBIC Conclave.2 Key Directives and Areas of Focus Sitharaman’s instructions focused on several crucial areas: CBIC Performance Highlights (FY25) The … Read more