GST Updates

Recent developments in GST include a hardware trader alleging a 1.4 crore fraud due to misused GST credentials, an Auckland builder being sentenced for evading over 40,000 in tax, and the Goods and Services Tax Appellate Tribunal's Principal Bench beginning operations. These stories highlight the importance of GST compliance and the consequences of evasion. The GST appellate tribunal's jurisdiction is also being defined, with the Principal Bench and State Benches clarifying their boundaries. Other stories include a former MCA functionaries allegedly favoring a vendor despite GST registration cancellation and a GST proposal being discussed in parliament.