GST Updates

The GST regime has seen significant developments recently. Some key points include:
- The High Court has noted that Section 107(4) permits the appellate authority to condone delay only for one additional month beyond the normal period.
- Guidance on maximizing input tax credit is available for businesses, including tried and tested techniques to avoid leaving money on the table or facing ITC mismatches.
- A new grocery benefit payment is replacing GST/HST payments in Canada, with Canadians expecting to receive the payment this week.
- The Telangana Chief Justice has called for an amnesty scheme and online dispute resolution under GST, with the Goods and Services Tax Day 2026 being celebrated in Hyderabad to commemorate nine years of the GST regime in India.
- The government has finalized plans to overhaul tax administration for seamless GST implementation, and the GST Network has released FAQs on mandatory 'ship-to' fields and voluntary closure of e-way bills.