Goods And Services Tax

GST at 9: Why easier return filing has not meant simpler compliance

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

GST's credit challenge: Why input tax credit remains the biggest challenge

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

Nine years of GST: Experts call for litigation and compliance reforms

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

Datanomics: GST turns 9, collections see slower growth in recent years

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

GST enters 10th year: Inside the process behind every GST rate change

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.

GST at 10: Govt bets on AI and data integration to ease compliance

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

Businesses seek uniform GST audits, fewer tax disputes: Deloitte survey

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

India Inc gives thumbs up to GST; seeks faster refunds: Deloitte Survey

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

RMG execs fear liquidation of personal assets amid steep GST demands

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

FinMin, states in talks for simpler GST norms for qcom dark stores

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

ULIPs retain dominance in private insurers' product mix despite policy push

This is despite sharper push towards protection products after GST relief

GSTAT braces for rush in appeals ahead of June 30 filing deadline

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

Impact of GST rate cuts appears to be more nuanced than widespread

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

Everyone loves a good GST: Politicians understand the flaws in system

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

E-way bill system reform to ease logistics, push trust-based compliance

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

HC quashes ₹1 cr cash seizure by GST officers, says law does not permit it

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

E-way bill generation rose 18.8% in February to third-highest tally

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

Healthcare's pricing opacity demands regulation: Star Health MD & CEO

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

Eway bill generation rises 43% in January, the second-highest ever

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

Customs revenue growth target modest, achievable in FY27: CBIC chief

The government has projected a modest 5 per cent growth in customs revenue for FY2026-27 after taking into account the impact of free trade pacts, duty exemptions on capital goods imports and tapering of edible oil imports, a top official said on Monday. Goods and Services Tax (GST) revenues in FY27 are projected to grow at 6.3 per cent, with a buoyancy of 0.94 even after a reduction in tax rates on about 375 items with effect from September 22, 2025, Central Board of Indirect Taxes and Customs (CBIC) Chairman Vivek Chaturvedi said in a post-Budget interview to PTI. The FY'27 tax revenue targets are realistic and achievable, the CBIC chief added. The Budget has projected a 5 per cent growth in Customs revenue at Rs 2.71 lakh crore in FY'27. In GST, the collection is estimated at Rs 10.19 lakh crore, which would be a 6.3 per cent growth YoY after excluding the compensation cess which ended in January. Chaturvedi said modest growth projections in Customs are based on the assumption t