- 08 Apr 2025 06:27 PM
- New
Draft Appeal Section 73 on PMT-09 and absence of GST functionality
Draft Appeal Section 73 on PMT-09 and absence of GST functionality
BEFORE THE HON’BLE COMMISSIONER OF GOODS AND SERVICES TAX, DELHI
In the matter of:
M/s. . Appellant
(GSTIN -)
Vs
GST Officer, Ward , Zone , Respondent
Delhi Goods & Service Tax
STATEMENT OF FACTS:
- 07 Apr 2025 05:44 PM
- New
VW delayed $1.4 bn tax evasion case, say customs authorities
The customs authorities have said that Skoda Auto Volkswagen India Pvt. Ltd delayed the provisional assessment of tax evasion worth $1.4 billion (about ₹11,526 crore) by not providing information promptly.
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- 07 Apr 2025 05:41 PM
- New
Claiming GST credit on gadgets to reduce cost? Why it’s not the smartest idea
On social media, tax-saving hacks often get more likes than they deserve. One of the popular tips doing the rounds these days is: “Buy an iPhone for ₹2 lakh and claim GST input credit of 18%. You save ₹36,000!"
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- 07 Apr 2025 05:37 PM
UP farmer troubled as he gets ₹30 crore Income Tax notice; fake GST number, PAN fraud alleged
Saurabh Kumar, a farmer in UP's Mathura, said he received the Income Tax notice worth ₹30 crore on March 26. “I have never seen ₹30 crore and I have received this notice,” he said.
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- 04 Apr 2025 06:39 PM
Love to eat out? Be ready to pay GST at THIS rate as new regulations take effect
Under the new regulations that took effect on April 1, hotels have the option to choose the 'specified premises' classification. Customers are supposed to pay goods and services tax at rates between 5 per cent and 18 per cent.
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- 04 Apr 2025 06:45 PM
Structural Reforms in Tax Assessment under GST and Recovery
Source: https://taxguru.in/goods-and-service-tax/structural-reforms-tax-assessment-gst-recovery.html
The Indian government, through the Ministry of Finance, has undertaken substantial reforms to its tax assessment and recovery system. Contrary to the specific query regarding a potential 5% GST on food delivery applications like Zomato and Swiggy, which was clarified as incorrect, the focus has been on enhancing efficiency and transparency across the board. The reforms are not a response to fundamental structural issues, but rather a proactive strategy to modernize and streamline tax administration. Key initiatives include the widespread digitalization of tax processes, the introduction of faceless assessments and appeals, and the implementation of electronic tracking systems. The Goods and Services Tax Network (GSTN) platform plays a crucial role in real-time monitoring of GST filings, mitigating fraudulent claims. Customs reforms, such as the risk management system, electronic duty payments, and automated refunds, have also contributed to improved efficiency. To address tax evasion, “Project Anveshan” utilizes advanced technologies like facial recognition systems and E-way bill data to identify high-risk GSTINs. Additionally, the Demand Facilitation Centre (DFC) in Mysuru aids taxpayers in resolving outstanding tax demands, providing guidance and support through the resolution process. These measures collectively aim to strengthen revenue collection and curb revenue leakage.
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- 04 Apr 2025 06:43 PM
GST on Food Delivery Apps: Council Review Ongoing
Source: https://taxguru.in/goods-and-service-tax/gst-food-delivery-apps-council-review-ongoing.html
The Indian government, through the Ministry of Finance, addressed a question in the Rajya Sabha concerning the imposition of a 5% Goods and Services Tax (GST) on food delivery applications such as Zomato and Swiggy. The response clarified that GST rates and exemptions are determined by the GST Council, a constitutional body comprising representatives from both the central and state/union territory governments. The existing policy dictates that restaurant services, excluding those located in specified premises, are subject to a 5% GST without input tax credit, regardless of whether the service is provided directly by the restaurant or through Electronic Commerce Operators (ECOs). This means the core food service itself already carries a 5% tax. The question specifically raised whether the government planned to impose this 5% GST directly on the delivery apps themselves. During the 55th GST Council meeting held on December 21, 2024, a proposal to clarify the GST rate applicable to food delivery services ordered through these apps was presented. However, the council determined that the matter required further examination. The response also specified that other services provided by food delivery apps, such as platform services, are already subject to an 18% GST.
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- 04 Apr 2025 06:48 PM
GST Collection Trends & Evasion Cases: Govt’s Response
Source: https://taxguru.in/goods-and-service-tax/gst-collection-trends-evasion-cases-govts-response.html
Indian government provided details on GST collections over the past five years, showing varying levels of achievement against budget estimates. While collections fell short in FY 2019-20 and FY 2020-21, they exceeded targets in subsequent years, with FY 2023-24 achieving 100.1% of the revised estimate. Since 2020, over 86,000 GST evasion cases were detected, amounting to ₹6.79 lakh crore, with ₹1.23 lakh crore voluntarily deposited. ITC fraud cases totaled 42,673, involving ₹1.66 lakh crore in detected fraud. To improve compliance, the government implemented measures such as e-invoicing, risk-based GST analytics, and Project Anveshan, which employs advanced techniques like Facial Recognition System and e-way bill data analysis. While these efforts contribute to revenue collection and fraud detection, the government notes that their impact cannot be isolated from broader economic factors.
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- 03 Apr 2025 06:23 PM
Mint Quick Edit | Indian factories are bustling with orders
The manufacturing sector’s purchasing managers’ index has gone further into expansion zone, even as other indicators point to an economic pick-up. Let’s hope factors beyond Indian control don’t get in way.
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- 02 Apr 2025 06:09 PM
Net GST collection in March jumps 7.3% to ₹1.77 tn, showing success of self reliance
In FY25, GST collections jumped 8.6% after adjusting for refunds, to ₹19.56 trillion, data from GSTN, the state-owned company that processes tax returns, showed.
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