Section 74 of the CGST Act requires proof of fraud, not just suspicion based on a supplier’s actions or unverified intelligence reports. Issue Can the GST authorities validly invoke the harsh provisions of Section 74 of the CGST Act, 2017, and deny Input Tax Credit (ITC) based on an unverified intelligence report and the subsequent… Read More »
The GST Appellate Authority has wide powers to re-adjudicate a case completely. Issue Does the first Appellate Authority under Section 107(11) of the CGST Act, 2017, have the full power to re-examine all facts, evidence, and replies afresh (acting as a true first appeal), or is its role limited to merely reviewing the correctness of… Read More »
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 »
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 »
Madras High Court Seeks Disclosure of Fuel Tax Components in Bills The Madras High Court issued a notice to the Central Government and relevant authorities regarding a public interest litigation (PIL) that seeks to mandate the disclosure of all tax components in petrol and diesel bills provided to consumers. Key Points of the Plea… Read More »
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 »
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 »
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 »
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 »
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 »