News

The 18% Goods and Services Tax (GST) applicable on Merchant Discount Rate (MDR) for UPI transactions exceeding Rs.2,000 can be claimed as ITC by GST-registered businesses. 


18% GST on UPI Merchant Discount Rate to Apply on Transactions Above Rs.2,000 From October 15

Judgement

The AAR Tamil Nadu holds that cleaning and garbage-management services do not constitute a composite supply of goods and services.


AAR Classifies Upkeep And Maintenance Services As Residential Waste Collection

The Gauhati High Court has held that there is no prohibition under the Central Goods and Services Tax Act, 2017 against issuance of a consolidated show cause notice covering multiple financial years.

Gauhati High Court Upholds Validity of Consolidated GST SCN Covering Multiple Financial Years in matter of Tata Projects

The Goods and Services Tax Appellate Tribunal (GSTAT) Delhi, has held that Lifestyle International Pvt. Ltd. profiteered Rs 13.61 crore by failing to pass on the benefit of reduction in GST rate.

GSTAT Upholds Profiteering of Rs 13.61 Crore by Not Passing GST Rate Cut Benefit to Consumers

Notifications

RBI has reduced the export proceeds realisation timeline from 15 months to 9 months under the amended FEMA Export of Goods and Services Regulations, 2026.

Export proceeds realisation period reduced from 15 to 9 months [Read Notification]

Articles

Goods and Services Tax (GST) and GST-registered businesses can now digitally record the delivery of goods.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

18% GST on UPI Merchant Discount Rate to Apply on Transactions Above Rs.2,000 From October 15

AAR Classifies Upkeep And Maintenance Services As Residential Waste Collection

Gauhati High Court Upholds Validity of Consolidated GST SCN Covering Multiple Financial Years in matter of Tata Projects

GSTAT Upholds Profiteering of Rs 13.61 Crore by Not Passing GST Rate Cut Benefit to Consumers

Export proceeds realisation period reduced from 15 to 9 months [Read Notification]

GSTN Introduces E-Way Bill Closure Facility for Goods Delivery Tracking