The week in charts: GDP growth resilience, factory slowdown, GST streak
  • 05 Sep 2026 04:49 PM
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The week in charts: GDP growth resilience, factory slowdown, GST streak

Source: https://www.livemint.com/economy/india-gdp-growth-cad-gst-collection-monsoon-manufacturing-activity-11788425790208.html

India’s gross domestic product (GDP) expanded at 7.8% in June quarter (Q1FY27), beating the RBI 7% projection and a Mint poll’s 7.4% median forecast.

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GST collections rise 14.8% to ₹1.99 trillion in August; refunds jump 68%
  • 02 Sep 2026 06:39 PM
  • New

GST collections rise 14.8% to ₹1.99 trillion in August; refunds jump 68%

Source: https://www.livemint.com/economy/gst-collections-august-2026-rs-1-99-trillion-imports-11788247958519.html

NEW DELHI: India’s gross goods and services tax (GST) collections rose 14.8% to ₹1.99 trillion in August from ₹1.74 trillion a year earlier, with collections from imports contributing significantly to the increase, according to provisional data released by the finance ministry on Tuesday.

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Uttarakhand CM Dhami hears Kumaon traders’ concerns, promises effective action on issues
  • 31 Aug 2026 06:13 PM
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Uttarakhand CM Dhami hears Kumaon traders’ concerns, promises effective action on issues

Source: https://www.livemint.com/focus/uttarakhand-cm-dhami-hears-kumaon-traders-concerns-promises-effective-action-on-issues-11788174877449.html

Uttarakhand Chief Minister Pushkar Singh Dhami held a dialogue with traders, industry representatives and office-bearers of trade bodies from Kumaon at ITC Fortune in Haldwani. Dhami heard concerns and suggestions and assured participants that the government would take action.

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GST Council sets date for first meeting since rationalisation last year
  • 29 Aug 2026 05:37 PM

GST Council sets date for first meeting since rationalisation last year

Source: https://www.livemint.com/special-report/goods-and-services-tax-council-to-meet-on-12-september-11787994686274.html

At its 56th meeting on 3 September 2025, the GST Council approved one of the biggest overhauls of the indirect tax regime since its introduction

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CBI Arrests CGST Additional Commissioner in ₹40 Lakh Raigad Bribery Case
  • 29 Aug 2026 05:41 PM

CBI Arrests CGST Additional Commissioner in ₹40 Lakh Raigad Bribery Case

Source: https://taxguru.in/goods-and-service-tax/cbi-arrests-cgst-additional-commissioner-rs-40-lakh-raigad-bribery-case.html

Summary: The Central Bureau of Investigation (CBI) arrested an IRS officer serving as Additional Commissioner of Central Goods and Services Tax (CGST) in Raigad, Maharashtra, along with a Superintendent of CGST, Raigad, and a private person on 27.08.2026 in connection with an alleged bribery case.

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GST Council may cut 18% tax on mobile phones as handset demand slows
  • 29 Aug 2026 05:27 PM

GST Council may cut 18% tax on mobile phones as handset demand slows

Source: https://www.livemint.com/news/gst-council-may-cut-18-tax-on-mobile-phones-as-handset-demand-slows-11787831366453.html

The move comes as smartphone shipments in India fell 10-11% year-on-year in the April-June quarter, the steepest decline in a June quarter in six years.

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Tata Steel gets major Supreme Court relief in ₹890 crore GST dispute
  • 27 Aug 2026 06:21 PM

Tata Steel gets major Supreme Court relief in ₹890 crore GST dispute

Source: https://www.livemint.com/companies/news/tata-steel-gets-major-supreme-court-relief-in-rs-890-crore-gst-dispute-11787748440643.html

Tata Steel has won a major reprieve in a long-running GST dispute after the Supreme Court quashed a tax demand of ₹890.52 crore, an equivalent penalty and applicable interest against the steelmaker

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CAG Flags GSTN Gaps and Works Contract Tax Deficiencies
  • 24 Aug 2026 06:35 PM

CAG Flags GSTN Gaps and Works Contract Tax Deficiencies

Source: https://taxguru.in/goods-and-service-tax/cag-flags-gstn-gaps-works-contract-tax-deficiencies.html

Summary: The Comptroller and Auditor General of India presented Compliance Audit Report No. 20 of 2026 on Goods and Services Tax in Parliament on 12 August 2026, covering the period ended March 2024. The Report examines CBIC-administered GST issues, including GSTN’s IT system and Works Contract and Construction Services. Indirect tax collections increased by ₹1,14,847 crore, or eight per cent, during FY24 over FY23, while Central GST revenue increased by 13 percent.

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Centre moves SC against Madras HC relief to Jio in GST input credit case
  • 24 Aug 2026 06:29 PM

Centre moves SC against Madras HC relief to Jio in GST input credit case

Source: https://www.livemint.com/news/india/reliance-jio-gst-input-tax-credit-dispute-supreme-court-madras-high-court-11787460834901.html

The case could have implications beyond Jio for large businesses with multiple GST registrations that distribute common-service credits across states.

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Income tax return for social media creators: Last date, ITR forms, GST obligations and more
  • 19 Aug 2026 05:42 PM

Income tax return for social media creators: Last date, ITR forms, GST obligations and more

Source: https://www.livemint.com/money/personal-finance/income-tax-return-for-social-media-creators-last-date-itr-forms-gst-obligations-and-more-11787133727112.html

GST registration generally becomes applicable when aggregate annual turnover exceeds ₹20 lakh, while a lower ₹10 lakh threshold applies in certain special category states.

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