GST Updates

The Supreme Court has set strict limits on GST confiscation of goods in transit, refusing to interfere in the matter.
The court examined the e-way bills and other supporting documents, and the authorities issued notices in FORM GST MOV-10, proposing confiscation of goods.
- The CAG has flagged Rs 401 crore GST lapses in construction and detected 1334 cases of GST non-compliance in works contracts and construction sector.
- A Quebec entrepreneur has been jailed and ordered to pay over $1 million for GST/QST fraud, highlighting the importance of GST compliance.
- Other updates include the GST Council's decisions and recommendations, and the introduction of GST filing and compliance services.