The supplied document is a Regulatory Update comprising the minutes of the Grievance Redressal Committee (GRC) meeting held on 24.06.2026 under the co-chairpersonship of the Principal Chief Commissioner, CGST & CX, Delhi Zone and the Commissioner, Delhi State GST.
Read MoreSource: https://taxguru.in/goods-and-service-tax/government-review-5-percent-gst-hotels-rate-cut.html
Finance Ministry Says No Post-Implementation Review of 5% GST on Hotel Accommodation:
In a Lok Sabha reply to Unstarred Question No. 108 answered on 20 July 2026, the Ministry of Finance stated that, based on the recommendation of the GST Council in its 56th meeting held on 3 September 2025, the GST rate on hotel accommodation services with a transaction value of ₹7,500 or less per day was reduced from 12% with Input Tax Credit (ITC) to 5% without ITC. The reply states that the reduction is expected to lower the cost of services, improve affordability, stimulate consumption demand, enhance trade competitiveness, and reduce compliance burden and transaction costs. It further states that the Government has not undertaken any post-implementation review or data-based assessment of its impact on occupancy rates, tourist footfall, affordability, revenue trends, or tourism growth in Tier-II and Tier-III cities, including investment and employment generation. The reply also states that no proposal on this issue is pending before the GST Council and that discussions were held with stakeholders to emphasise that the benefit of the reduced tax rate should be passed on directly to consumers.
Have you filed your income tax return for FY 2025-26? With the 31 July 2026 deadline approaching, taxpayers should ensure they understand not only their tax obligations but also the constitutional principles that govern taxation in India.
Read MoreStrong rural demand and GST rate cuts helped push the annual gross turnover to ₹11,635 crore, even as high palm oil costs and Middle East trade disruptions put pressure on operating margins.
Read MoreThe verdict could affect not only music labels but also sectors such as OTT platforms, sports broadcasting, trademark licensing, franchising, technology licensing and merchandising.
Read MoreBefore the High Court, the petitioners argued that the department should establish fraud before invoking Section 74 and that notices based solely on audit reports or inspection findings were invalid.
Read MoreIndian users subscribing to Claude AI will no longer have to pay in US dollars as Anthropic now displays India-specific pricing for its Pro, Max and Team plans on its official website, allowing customers to subscribe and pay in rupees instead.
Read MoreSource: https://www.livemint.com/industry/online-gaming-firms-sc-ruling-review-28-gst-11784016545683.html
Online gaming companies have moved the Supreme Court seeking review of its 27 May judgment upholding the constitutional validity of the 28% goods and services tax (GST) levy on online gaming and rejecting challenges to retrospective tax demands worth over ₹1.5 trillion.
Read MoreThe country's urban population is growing faster than official numbers indicate. While policymakers seem to have an inkling of this, three measures could help ensure a regular supply of robust data.
Read MoreServices are intangible and often consumed as soon as they are produced, making output difficult to measure.
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