Category Archives: GST

Supreme Court Upholds Tax on Lottery Printing Materials 

By | October 10, 2025

Supreme Court Upholds Tax on Lottery Printing Materials The Supreme Court of India upheld the imposition of Trade Tax on the sale of materials used for printing lottery tickets, specifically ink and chemicals. Key Points of the Judicial Ruling Nature of the Dispute: The case revolved around whether the materials used to print lottery tickets—namely,… Read More »

Category: GST

Bajaj Auto Receives Over ₹3.5 Crore Tax Demand from Assam Authorities

By | October 10, 2025

Bajaj Auto Receives Over ₹3.5 Crore Tax Demand from Assam Authorities   Bajaj Auto Limited received a demand notice for tax, interest, and penalty totaling over ₹3.5 crore from the Assam tax authorities. Key Details of the Demand Total Amount: The demand notice seeks ₹3,56,86,173 (over ₹3.56 crore). Issuing Authority: The Deputy Commissioner of State… Read More »

Category: GST

Tax Cuts and Festive Cheer Drive 5.8% Surge in Passenger Vehicle Sales: FADA

By | October 10, 2025

Tax Cuts and Festive Cheer Drive 5.8% Surge in Passenger Vehicle Sales: FADA The Federation of Automobile Dealers Associations (FADA) reported that India’s retail sales of passenger vehicles (PVs) saw a substantial surge in September, driven by the implementation of GST rate cuts and the start of the Navratri festival period. Key Drivers of Retail… Read More »

Category: GST

UP Revenue Rises Despite Marginal GST Collection Dip in September

By | October 10, 2025

UP Revenue Rises Despite Marginal GST Collection Dip in September Uttar Pradesh’s total state revenue saw a modest increase in September 2025 compared to the previous year, even though the state’s Goods and Services Tax (GST) collections experienced a marginal decline. Key Collection Figures Overall Revenue Increase: The state’s total revenue rose from ₹14,747.93 crore… Read More »

Category: GST

NRB Bearings Accelerates Expansion Plans on Hopes of GST-Driven Demand

By | October 10, 2025

NRB Bearings Accelerates Expansion Plans on Hopes of GST-Driven Demand NRB Bearings announced it is fast-tracking its capacity expansion plans, anticipating a major boost in demand from the recent GST reforms across the automotive and manufacturing sectors. Key Expectations from GST Reforms Anticipated Demand Surge: NRB Bearings expects the GST rate cuts, particularly in the… Read More »

Category: GST

Auto Retail Accelerates: GST Cuts and Festive Season Drive Massive September Surge

By | October 10, 2025

Auto Retail Accelerates: GST Cuts and Festive Season Drive Massive September Surge The Federation of Automobile Dealers Associations (FADA) reported an exceptional surge in India’s vehicle retail sales for September 2025, driven by the implementation of GST 2.0 reforms and the onset of the festive season. Retail Growth Boosted by GST Optimism Overall Market Surge:… Read More »

Category: GST

Prestige Estates Subsidiary Hit with ₹154 Crore GST Show Cause Notice

By | October 10, 2025

Prestige Estates Subsidiary Hit with ₹154 Crore GST Show Cause Notice The subsidiary of Prestige Estates Projects Ltd., a major South Indian real estate developer, has received a massive show cause notice (SCN) from the Directorate General of GST Intelligence (DGGI). Key Details of the Demand Company Affected: Prestige Projects Private Limited (PPPL), a wholly-owned… Read More »

Category: GST

Festive Cheer vs. Fiscal Fear: Officials Anticipate GST Collection Slump Post-Rate Cut

By | October 10, 2025

Festive Cheer vs. Fiscal Fear: Officials Anticipate GST Collection Slump Post-Rate Cut The article details a paradox emerging after the GST rate rationalization: despite a surge in festive sales, tax officials fear a temporary slump in revenue collection due to the substantial reduction in GST rates on essential goods. Key Points of Concern for Tax… Read More »

Category: GST