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GST REFUNDS ISSUED
GST collections rise 13.9% to Rs 1.95 lakh crore MoM in JuneIndia's GST collections surged by nearly 14% to Rs 1.95 lakh crore in June 2026, marking a significant year-on-year increase. This robust g...
Commerce ministry convenes stakeholders' meet on June 30 on SEZ issuesThe commerce ministry is convening a stakeholder meeting on June 30 to address critical issues concerning Special Economic Zones (SEZs). Di...
Trade disruptions, API dependence, compliance costs: Pharma MSMEs spell out policy priorities on World MSME DayIndian pharmaceutical MSMEs are facing immense pressure from rising costs, supply chain woes, and stringent regulations. Industry represent...
MSMEs and GST@9: Journey so far and next phase of reformsFor India Inc., including MSMEs, the focus appears to have shifted from stabilisation to optimisation, as confidence grows on account of di...
Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...
GST wins India Inc's vote, but businesses seek faster refunds and smarter reforms: DeloitteIndia's GST regime has achieved widespread acceptance, with digitisation and rate adjustments hailed as major successes. Businesses now pri...
Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
GST Tribunal revamps appeal process: Division bench review now mandatory for appealsThe move seeks to prevent smaller benches from deciding cases involving important legal questions, ensure consistent rulings, and streamlin...
Gurugram sessions court grants a 7-day remand to Punjab Minister Sanjeev AroraPunjab Minister Sanjeev Arora was remanded for seven days by a Gurugram court following his arrest by the Enforcement Directorate in a Rs 1...
DGGI officers arrest Kapil Chugh over Rs 1,825 cr GST refund fraudDGGI officers have arrested Kapil Chugh, the alleged mastermind behind an Rs 1,825 crore GST refund fraud. Chugh, who evaded multiple summo...
GST 2.0 Inverted duty structure hurts FMCG, Pharma: Expert flags concernsIndian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...
Corrugated box manufacturers warn of severe cost surge, call for price revision and policy supportIndia's corrugated box makers are in crisis. Kraft paper prices have jumped 15-20 percent. Other materials like gum and ink are up 30-40 pe...
Central tax officers book 12,803 GST evasion cases in Gujarat in 4 years, 101 persons arrestedFinance Minister Nirmala Sitharaman revealed that 12,803 GST evasion cases were booked in Gujarat from 2021-2024, with 101 arrests. In a re...
Refund issues play havoc on exporters’ bottomline in post-GST era, seek relief from Delhi HCAs far as Advance Authorisation (AA) is concerned, there is a benefit of exemption from payment of IGST on imports.
More then one change per day made by Govt in GST: Export promotion council for SEZsExporters flagged concerns related to refunds, exemption of GST, classification of Goods and services and place of supply for service expor...
Government made 376 changes related to GST in 10 months: Export promotion council for SEZsExporters flagged concerns related to refunds, exemption of GST, classification of Goods and services and place of supply for service expor...
Prabhu promises exporters to take up GST refund issueExporters are claiming that over 60 per cent of their refunds are still stuck with the government, which blocks their working capital.
CBEC member holds meeting with exporters on GST refundsThe CBEC field formations have launched 'GST refund fortnight' beginning March 15 in which tax officers are guiding exporters with their st...
E-wallet will address GST refund issue of exporters: Suresh PrabhuUnder the e-wallet mechanism, a notional credit would be transferred to exporters' accounts based on their past record and the credit can b...