Goods And Services Tax

GST refunds under the fast-track route will require officer scrutiny if an earlier refund order is under dispute, potentially delaying working capital relief for businesses

Small online sellers can now use e-commerce platform warehouses to register in other states, while the GST Council has clarified tax treatment for platforms and retained existing rates

Indirect-tax reform is still a work in progress, but from no tax on services to GST, India has come a long way since 1976

As the GST Council prepares to meet, businesses want the next phase of reform to focus on getting stuck credit moving, reducing repeated scrutiny and making compliance simpler

Tomorrow's GST Council meeting may be less exciting, but no less important than the last one

Officials expect the rate structure to be reviewed only once a year henceforth, and any changes will take effect from April 1, not in the middle of the financial year

Next-Gen GST aims to simplify compliance, support businesses and strengthen revenues as India seeks to build a more resilient economy and achieve Viksit Bharat

Gross GST collections rose 14.7 per cent in September to over Rs 2.03 lakh crore. Gross GST collections from domestic activities rose 10.1 per cent to about Rs 1.38 lakh crore, while revenues from imports were up 26 per cent to Rs 65,525 crore. Goods and Services Tax (GST) refunds, however, slowed to Rs 27,001 crore in September, a decline of 3 per cent year on year. After adjusting for refunds, net GST collections rose 18.1 per cent to over Rs 1.76 lakh crore in September. During the first half of the fiscal (April-September), gross GST collection grew 11.6 per cent to over Rs 12.46 lakh crore. Net collections rose 10.4 per cent to over Rs 10.66 lakh crore.

Of the 75,155 cases filed before GSTAT, 5,819 have been registered and 83 disposed of, while the tribunal had earlier expected filings of up to 250,000

Gujarat High Court has barred GST on corporate guarantees issued before October 26, 2023, while retaining the 1% valuation mechanism for guarantees continuing beyond that date

E-way bill generation rose to 139.79 million in July from 131.91 million a year earlier, indicating sustained movement of goods and resilience in domestic trade

Gross GST collections climbed to ₹2.11 trillion in July as import-related revenue surged nearly 29 per cent, while domestic collections maintained healthy growth

Gross GST collections grew 15.4 per cent to over Rs 2.11 lakh crore in July on higher mop-up from domestic transactions and imports. Gross GST collections were Rs 1.83 lakh crore in July 2025. It was about Rs 1.95 lakh crore last month. Gross Central Goods and Services Tax (CGST) revenue during the month stood at Rs 39,835 crore, while State GST (SGST) and Integrated GST (IGST) mop-up were Rs 47,881 crore and over Rs 1.23 lakh crore, respectively. Total refunds during July grew 13.1 per cent to Rs 29,968 crore. After adjusting refunds, net GST revenue stood at over Rs 1.81 lakh crore.

Central tax authorities detected ITC fraud worth Rs 74,781.56 crore across 30,162 cases in FY26 as analytics, biometric checks and enforcement measures strengthened detection

Trade bodies urge the finance ministry to defer GSTN's e-way bill changes, citing technology upgrades, testing needs and concerns over commercial confidentiality

The authors argue GST rate rationalisation has broadened the tax base, improved compliance and refunds, and boosted consumption, though its full impact will take longer to assess

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