Goods And Services Tax

Gaming companies have moved the Supreme Court to review its ruling upholding the 28 per cent GST levy and retrospective tax demands of more than Rs 1.5 lakh crore

Automation has transformed GST compliance, but businesses say the challenge has shifted from filing returns to managing reconciliations, vendor compliance, portal changes, and system-generated notices

As GST completes nine years, input tax credit remains a major challenge for businesses as supplier defaults, invoice mismatches and compliance rules delay credit and lock up working capital

As GST completes nine years, the Centre highlights stronger revenues and wider tax coverage, while experts seek reforms to reduce litigation, simplify compliance and ease working capital pressures

GST enters its 10th year with slab reforms underway, but key sectors remain outside the tax net as revenue growth and tax-GDP gains trail expectations

Industry associations, companies, state governments, central ministries, tax authorities and even judicial rulings can trigger a review of an existing GST rate or product classification.

As India enters the tenth year of rollout of the Goods and Services Tax, the focus is shifting from implementation to efficiency through use of artificial intelligence, data sharing and process simplification to reduce compliance costs, speed up refunds and tighten enforcement. The government is increasingly using technology to simplify compliance, particularly for micro, small and medium enterprises (MSMEs), while integrating GST, income tax and customs databases to improve risk assessment, curb tax evasion, and reduce manual intervention. GST implementation helped broaden the tax base, strengthened compliance and increased revenues, making the indirect tax regime one of India's most significant economic reforms. Introduced on July 1, 2017, GST replaced a complex system of 17 central and state taxes and 13 cesses with a unified indirect tax framework. The reform, rolled out after years of negotiations between the Centre and states, was aimed at creating a common national market and

Nine years after GST's rollout, businesses largely back the tax regime but seek more uniform audits, faster refunds and simpler compliance rules

A resounding majority of India Inc have reported a positive and neutral experience with Goods and Services Tax (GST) with digitisation and rate rationalisation emerging as key factors benefiting businesses, but flagged concerns in delays in refund and audit related issues, a Deloitte India survey said on Tuesday. Released ahead of GST completing 9 years on July 1, Deloitte India's GST@9 survey called for the next phase of reform to move beyond digitalisation to an AI-driven compliance and data-led dispute reduction. The survey, based on 1,096 responses from leaders across eight industries, including MSMEs, showed increased stakeholder confidence with a "near universal acceptance", with 99 per cent positive and neutral sentiment, and with negative perception of less than 1 per cent. GST, which subsumed 17 local taxes and 13 cesses, was rolled out on July 1, 2017. The GST taxpayer base has grown from 66.5 lakh in 2017 to about 1.65 crore in 2026. The Deloitte India survey outlined th

Executives at real money gaming firms fear retrospective GST liabilities and penalties could force liquidation of personal assets amid mounting financial stress

The Finance Ministry is discussing with states possible simplification of GST registration norms for dark stores and warehouses amid rapid quick commerce expansion

This is despite sharper push towards protection products after GST relief

Finance Ministry officials expect a surge in GSTAT appeal filings before the June 30 deadline as taxpayers defer cases over pre-deposit concerns

GST rate cuts may not immediately boost demand; study by National Institute of Public Finance and Policy shows delayed, nuanced impact on consumption and income

India's GST needs urgent reform as structural flaws-multiple rates, exemptions, and broken credit chains-continue to hurt growth, investment, and exports

Economic Survey 2025-26 outlines a shift in the GST e-way bill system from enforcement to a trust-based, technology-driven framework aimed at improving logistics efficiency and easing compliance

Bombay High Court quashes ₹1 crore cash seizure by GST officers, holding that the CGST Act allows seizure of goods and documents but does not authorise authorities to seize cash

An e-way bill is an electronically generated document mandated under the GST regime for the movement of goods valued at more than Rs 50,000

Star Health sees 50% surge in demand after GST waiver on health policies as it targets ₹30,000 crore premium by FY28 and calls for a healthcare regulator

E-way bill generation rose to 136.83 million in January, the second-highest monthly level on record, marking a 42.6 per cent year-on-year increase amid stronger goods movement