GST Updates

Recent reports have uncovered a significant GST evasion of ₹2.14 crore through e-way bill manipulation, credit note misuse, and stock discrepancies.
- The Rajasthan GST department has introduced risk-based selection and faceless return scrutiny, with parameters including excess outward tax in GSTR-1, excess liability reflected in e-way bills, and ITC claimed from cancelled invoices.
- Hospitality firms have expressed concerns that GST could increase costs, while Tanzania has implemented digital tax changes for non-resident electronic service providers.
- The Goods and Services Tax Appellate Tribunal proposes major amendments to procedure rules, recommending relaxation in filing requirements and procedural reforms.