GSTR-9 for FY 2024–25: New table promises smoother ITC reporting — but taxpayers must watch this

The introduction of Table 6A1 applies exclusively to the GSTR-9 form, not GSTR-9A, which is relevant for different categories ...
Tax Guru

4 New GST Changes: Discounts, TDS, Appeals and Deadlines

Recent GST changes simplify post-sale discounts via Credit Notes, mandate invoice-wise TDS reporting in GSTR-7, impose a 3-year limit on filing old returns, and introduce electronic filing for GSTAT ...
lokmattimes

GST 2.0 Impact: Notebook Industry Seeks Bold Relief Measures

Mumbai (Maharashtra) [India], October 3: GST 2.0 aimed to simplify taxation and support education. But India's notebook manufacturers now ... Mumbai (Maharashtra) [India], October 3: GST 2.0 aimed to ...
SmartCompany

Productivity Commission to probe controversial GST carve-up

L-R: Treasurer Jim Chalmers and Productivity Commission Commissioner Angela Jackson during an Economic Reform Roundtable in the Cabinet Room at Parliament House, in Canberra, Thursday, August 21, 2025 ...
India.com

Big boost to auto sector? Mahindra & Mahindra, Bajaj Auto, Hyundai Motor India, Toyota Kirloskar see record sales, GST 2.0 or festivals, what’s behind it?

India’s auto sector saw a strong growth in September 2025 after recent GST rate cuts and before the festive season. All major segments like passenger vehicles, two-wheelers, tractors, and commercial ...
Hindustan Times

Consumers should see price drop, not subtle product adjustments: Delhi HC on GST cut

Consumers should see a direct drop in prices when Goods and Services Tax rates are reduced, and not be shortchanged through subtle product adjustments, the Delhi high court has ruled. The court ...
Tax Guru

Gujarat HC Quashes GST Demand Based Only on E-way Bill & GSTR-9 Turnover Mismatch

3. Ineligible ITC under Section 17(5) of the GST Act. The very next day, a show-cause notice in Form DRC-01 was issued under Section 73. Despite the company’s reply, the authority passed an ...
money.rediff

GST, ITC Blockage & FMCG Distributors: Experts View

Kolkata, Sep 28 (PTI) The government's recent circular has brought clarity on trade discounts and credit notes under the GST regime, but has shifted compliance obligation and cash-flow pressure onto ...
The Indian Express

‘A cost burden’: Hotel body flags cuts in GST rates, calls for ITC restoration

As the Ministry of Tourism marked World Tourism Day with a big event in New Delhi on Saturday, the Federation of Hotel & Restaurant Associations of India (FHRAI) addressed a gathering to draw ...
Business Line

GST collection may see a hit in September-October, but expect strong rebound soon

As consumers postponed purchases in August after Prime Minister Narendra Modi announced goods and services tax (GST) rate cuts, GST collection in September is expected to take a hit, data for which ...
Mena FN

GST Without ITC Hits Affordability And Accessibility In India's Tourism Sector: FHRAI

(MENAFN- IANS) New Delhi, Sep 27 (IANS) The recent revision in the GST rates is a continued effort to rationalize tax rates to benefit consumers, improve compliance, and support growth, but the same ...
Indiatimes

Navratri, GST cuts spark festive shopping boom: Digital transactions jump to Rs 11 lakh crore; see near 10-fold surge

India's digital transactions surged during Navratri, reaching Rs 11.31 lakh crore, nearly ten times the previous day, fueled by GST cuts on consumer items. Reduced levies on cars and appliances ...