GST Updates

GST Revenue Decline in Jammu and Kashmir

The Union Territory of Jammu and Kashmir witnessed a 15% decline in GST revenue in June, with collections slipping to Rs 470 crore.
- The decline is attributed to a decrease in tax collections from various sectors.

Call for Crackdown on Fake Palm Jaggery Products

Activists in Tamil Nadu's Thoothukudi have renewed their call for a crackdown on fake palm jaggery products, which are allegedly evading GST.
- The products are often mixed with sugar, attracting a lower GST rate of 5% instead of 18%.

Upgrades to Online Tax-Free Shopping in China

JD.com has upgraded its online tax-free shopping platform, offering instant VAT refunds to customers.
- The move is expected to boost sales of home appliances and home living products, with orders increasing by over 120%.

GST Appellate Tribunal Introduces Token Generation Facility

The GST Appellate Tribunal has introduced a token generation facility for taxpayers, making appeal filing easier.
- The facility aims to reduce delays and improve the efficiency of the appeal process.