GST Fraud Surges 29%: ₹15,851 Crore Fake ITC Uncovered in Q1 FY25

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

Gameskraft GST Battle: Supreme Court to Seal Fate of India’s Online Gaming on July 25

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

India’s Tax Maze: Are We Paying for Our Money Seven Times Over

India’s Tax Maze: Are We Paying for Our Money Seven Times Over

Feeling Like You’re Paying for Your Own Money? You’re Not Alone. An executive’s viral LinkedIn post has struck a chord with India’s salaried class, exposing the frustrating reality of being taxed not once, not twice, but seemingly seven times on the very same income. It’s a system that feels less like contributing to the nation … Read more

Allahabad HC: Buyers Not Liable for Supplier’s Tax Default, A Major ITC Relief

Allahabad HC: Buyers Not Liable for Supplier’s Tax Default, A Major ITC Relief

Buyer Not Liable for Supplier’s Tax Default, Rules Allahabad High Court In a significant decision, the Allahabad High Court has provided much-needed relief to buyers, ruling that they cannot be forced to reverse Input Tax Credit (ITC) even if their supplier defaults on filing returns or depositing tax. This judgment, delivered in the case of … Read more

Sitharaman Mandates GST Streamlining & Enhanced Taxpayer Grievance Redressal

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

GST Procedural Fairness Upheld: Uttarakhand HC Quashes Assessment Due to Early Hearing

GST Procedural Fairness Upheld: Uttarakhand HC Quashes Assessment Due to Early Hearing

A recent ruling by the Uttarakhand High Court in the case of Modine Thermal Systems (P.) Ltd. v. State of Uttarakhand has underscored a crucial aspect of procedural fairness under the Goods and Services Tax (GST) framework. The court held that scheduling a personal hearing before the deadline for submitting a reply to a show … Read more

Taxing for Tomorrow: India’s GST Rethink on Health and Clean Energy

Taxing for Tomorrow: India’s GST Rethink on Health and Clean Energy

The GST Council is considering a major shake-up of the cess regime, aiming to replace the current compensation cess with two new levies: a Health Cess and a Clean Energy Cess. This shift is planned for March 31, 2026, when the existing compensation cess is set to expire. Why the Change? The compensation cess was … Read more

Addressing Payment Auto-Population Issues in GST Amnesty Forms (SPL-01/02)

Addressing Payment Auto-Population Issues in GST Amnesty Forms (SPL-01/02)

Subject: Filing of SPL-01/ SPL-02 where payment made through GSTR 3B and other cases 1. While filing amnesty applications in Form SPL-01 or SPL-02 under Section 128A of the CGST Act, 2017, some taxpayers are facing technical issues related to auto population of payment details in Table 4 of the forms. 2. In particular, it … Read more

Delhi GST Rules Amended: New Valuation for Online Gaming & Casinos

Delhi GST Rules Amended: New Valuation for Online Gaming & Casinos

FINANCE (EXPENDITURE-I) DEPARTMENTNOTIFICATIONDelhi, the 5th June, 2025(No. 45/2023-State Tax)F. No. 3 (8)/Fin.(Exp-I)/2025-26/DS-I/501.—In exercise of the powers conferred by section 164 of theDelhi Goods and Services Tax Act, 2017 (03 of 2017), the Lieutenant Governor of National Capital Territory ofDelhi, on the recommendations of the Council, hereby makes the following rules further to amend the DelhiGoods … Read more