Category: GST
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₹350 Crore GST Refund Scam Busted in Noida: DGGI Cracks Down on Fake Firms
Noida, November 11, 2025:The Directorate General of GST Intelligence (DGGI) has unearthed a massive ₹350 crore GST refund scam involving a network of fake firms operating out of Noida and…
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GST Reset Set to Shift Market Share in Favor of Bigger FMCG Firms — Britannia in Pole Position
India’s latest GST reset is reshaping the FMCG landscape — and major players like Britannia Industries are set to emerge stronger. The revamped GST structure, which reduces tax slabs and…
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File Your GST Monthly Returns on Time
Every GST-registered business in India must file monthly GST returns to report their sales, purchases, and tax liabilities. Staying compliant not only helps avoid penalties but also ensures a smooth…
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GST 2.0 to Drive India’s Next Consumption Boom: Nitin Raheja
As India approaches the next phase of its tax reforms, “GST 2.0” is set to play a pivotal role in fueling the country’s consumption-driven growth, according to market expert Nitin…
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GST Rate Change 2025 – From When Are New GST Rates Applicable?
The Goods and Services Tax (GST) 2.0 reform, implemented in late 2025, brought one of the most significant overhauls in India’s indirect tax structure since its inception. With new slab…
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GST 2.0: The October 2025 Reform That’s Changing How India Does Business
India’s indirect tax system has entered a new era with the introduction of GST 2.0, effective 1 October 2025. After eight years of implementation, the Goods and Services Tax has…
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No GST for Private Used Car Sales: Explained
I. For Individuals Selling Used Cars: NO GST! If you sell your second-hand car privately, GST is NOT applicable! Why?As per Section 7(1) of CGST Act, 2017, GST applies only…
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GST Council Update: Vouchers Now Tax-Free on Sale
GST Council Update: Vouchers – The GST Council’s 55th meeting has delivered a significant clarification regarding the taxability of vouchers, a move that promises to streamline operations for businesses across…
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GST Budget 2025: ITC on Real Estate Leasing Removed – What It Means for Businesses?
The Union Budget 2025 has introduced a major tax reform in the real estate sector, particularly concerning Input Tax Credit (ITC) on commercial leasing. Under the revised GST rules, developers and builders leasing commercial properties can no longer…
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GST Input Tax Credit (ITC) Explained: Eligibility, Filing Process & Detailed Guide
Introduction Input Tax Credit (ITC) under GST is governed by Sections 16 to 21 of the CGST Act, 2017 and corresponding Rules 36 to 45 of the CGST Rules, 2017. It allows registered taxpayers…
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