Goods & Service Tax (GST) 10 September 2026
GST Updates: Cancellations, Penalties, Rates and Regional Moves
Recent GST developments include new guidance on registration cancellations and their impact on invoices and credits, a High Court clarification on pre‑deposit penalties, and a tribunal ruling restricting GST re‑credit without justification. The Karnataka High Court ordered a refund of over ₹53 lakh for payments made without tax ascertainment, while the GST Council is debating a flat 5% rate for renewable EPC contracts. Additionally, Tasmania’s parliament is urging a fair GST deal, and Malaysia proposes tax reforms to boost local businesses.
- GST registration cancellation: New procedures detail how cancellations affect tax invoices, returns, input tax credit and e‑way bills. Read more
- Pre‑deposit in penalty‑only orders: The High Court and GSTAT clarified that pre‑deposit applies only when expressly ordered, protecting appellate rights. Details
- GST re‑credit restrictions: GSTAT Kolkata bench set aside an order allowing excess tax re‑credit without valid reasons. Full article
- Payment without tax ascertainment: Karnataka High Court directed a refund of ₹53.97 lakh collected without proper tax assessment. Source
- Flat 5% GST for renewable EPC contracts: The GST Council is considering a uniform 5% rate for renewable energy engineering, procurement and construction projects. Read the proposal
- Tasmania pushes for fair GST deal: State parliament unites to demand a fair GST arrangement for Tasmanians. Statement
- Malaysia's tax reform agenda: Lim Guan Eng proposes a RM25 billion interest‑free loan scheme and a review of expanded Sales and Service Tax to spur local purchases. Article
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