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LatestCorporate Compliance 2 July 2026

GST Updates 2026

The Gujarat AAR has ruled that compensation for loss or damage to goods recovered from transporters is not subject to GST, and the government has extended the GSTAT appeal filing deadline to July 31, 2026, amid a surge in portal filings. The Madras HC has also ruled that there will be no automatic ITC denial over a supplier's retrospective GST cancellation. Additionally, the income tax return filing deadline is approaching, and taxpayers should be aware of the key income tax deadlines for July 2026, including TDS deposits, quarterly statements, and GST returns.

The Gujarat AAR has ruled that *compensation for loss or damage to goods recovered from transporters* is not subject to GST.
- The government has extended the GSTAT appeal filing deadline to July 31, 2026, amid a surge in portal filings.
- The Madras HC has ruled that there will be *no automatic ITC denial* over a supplier's retrospective GST cancellation.
Key income tax deadlines for July 2026 include:
- TDS deposits
- Quarterly statements
- GST returns
For more information, visit the original source articles.

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