Clipped from: https://www.taxscan.in/top-stories/gst-liability-cannot-be-deferred-due-to-non-reimbursement-by-government-department-madras-high-court-allows-installment-relief-to-contractor-1435296?transaction_id=cvbGzMSUCAdlbdhXawFMSKGGaSzDwuMKuhxagFlHwJGMvuFsiMcbJiuqbMCACH&link_id=3082976 The Court relied on the 47th GST Council Meeting Minutes revising the rate from 12% to 18%. The Bench of the Madras High
Category: GST
No GST on insurance a loss for policyholders? What the math shows | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/no-gst-on-insurance-a-loss-for-policyholders-what-the-math-shows-125091700975_1.html Policyholders will pay no GST on health and life premiums from September 22, but insurers lose the ability to claim tax credit on
Refund to exporters– likely to depend on categorization as regards risk – News Courtesy BusinessLine
*******Functioning of GST Appellate Tribunal
Clipped from: https://taxguru.in/goods-and-service-tax/functioning-gst-appellate-tribunal.html The Appellate Tribunal is the second level of appeal, where appeals can be filed against the orders-in-appeal passed by the Appellate Authority or
*******In a clear change of strategy, govt turns to tax benefits to boost demand
Clipped from: https://www.business-standard.com/opinion/columns/govt-turns-to-tax-benefits-to-boost-demand-faces-fresh-challenges-125092301396_1.html The ‘Festival of Savings’ appears to be the new policy instrument to revive and sustain growth A major takeaway from Prime Minister Narendra
*******GSTAT launch: One forum for state, Centre GST appeals, says FM Sitharaman | Finance News – Business Standard
lipped from: https://www.business-standard.com/finance/news/gstat-launch-one-forum-for-state-and-centre-gst-appeals-says-fm-125092401381_1.html Sub heading: 4.8 lakh pending appeals to be heard, says GSTAT Head Mishra Calling the GSTAT a “one-stop solution” for taxpayers, Sitharaman said
*******GSTAT rollout from Oct to ease GST litigation and unlock business capital | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/gstat-operationalization-to-unlock-capital-and-ease-gst-litigation-125092401270_1.html The GST Appellate Tribunal will begin phased rollout in October 2025 with digital filing, faster appeals, and backlog clearance to ease GST litigation
Section 93 of GST Act Covers Liability of Legal Heirs, But Determination against Dead Person Invalid: Allahabad HC [Read Order]
Clipped from: https://www.taxscan.in/top-stories/section-93-of-gst-act-covers-liability-of-legal-heirs-but-determination-against-dead-person-invalid-allahabad-hc-1433178 For liability to be enforceable, the legal heir must first be issued a show cause notice and given an opportunity to contest the
ITC cannot Be Denied Merely Because Supplier’s Suppliers Defaulted: Allahabad HC [Read Order]
Clipped from: https://www.taxscan.in/top-stories/itc-cannot-be-denied-merely-because-suppliers-suppliers-defaulted-allahabad-hc-1432679?from-login=567931&token=RDWEBI4U4FHBBHBCTS5O9PLATYUTM89RFGFV3 Allahabad HC ruled that GST Dept cannot deny ITC on genuine, well-documented transactions merely because the supplier’s suppliers failed to pay tax In
GST Appeal Limitation Begins Only on Effective Communication, Not Portal Upload: Madras HC
Clipped from: https://taxguru.in/goods-and-service-tax/gst-appeal-limitation-begins-effective-communication-portal-upload-madras-hc.html Sharp Tanks and Structurals Private Limited Vs Deputy Commissioner (GST) (Appeals) (Madras High Court) Madras HC clarifies GST Appeal Limitation Begins Only on
*******The Great Stimulus: Will GST rate cut spur a consumption boom? – BusinessToday
Clipped from: https://www.businesstoday.in/magazine/cover-story/story/the-great-stimulus-will-gst-rate-cut-spur-a-consumption-boom-494679-2025-09-18 From income tax cuts to the new I-T act, and now reforms in the Goods and Services Tax, the Centre has implemented a
*****GSTR 9 just got easier: Here’s what’s new in ITC reporting and why it matters for FY25 – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/gstr-9-just-got-easier-heres-whats-new-in-itc-reporting-and-why-it-matters-for-fy25-494698-2025-09-19 As per the latest notification, GSTR-9’s Table 6 now includes new rows A1 and A2 under Part III, allowing taxpayers to clearly distinguish
P Chidambaram writes: Time for an apology | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/p-chidambaram-writes-time-for-an-apology-10248428/?ref=opinion_hp In the first part-year (July 2017 to March 2018), the government collected about Rs 11 lakh crore. In 2024-25, it collected about Rs
*****Govt seeks monthly reports on pricing after GST rate cuts from Sep 22 | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/govt-seeks-monthly-reports-on-price-changes-after-gst-rate-cuts-from-sep-22-125091201334_1.html In the circular, which is seen by Business Standard, the CBIC directed principal chief commissioners to compile commodity-wise price data from trade associations
GST 2.0 will boost growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/gst-20-will-boost-growth/article70038895.ece The reforms are both citizen- and business-friendly The 56th meeting of the GST Council on September 3 marks one of the most significant
