Goods & Service Tax (GST) 8 September 2026
GST Updates: Court Rulings, Refunds, and Tax Policy Shifts
India’s tax landscape sees major moves: the Supreme Court rejected a ₹363 crore GST claim on Vodafone Idea’s tower sale, while the ITAT reinstated a ₹1.73 crore penalty for a disputed claim. New guidance on GST treatment of corporate guarantees, a nonprofit sales‑tax proposal in Juneau, and proposals for a hybrid GST‑SST model also surface. Additionally, JSW Dulux secured a ₹10.81 lakh refund and penalty waiver, and a warehouse sale in Tasmania lists price inclusive of GST.
- Supreme Court ruling: The court dismissed a ₹363 crore GST demand on Vodafone Idea’s tower business sale. Read more
- ITAT penalty restoration: A ₹1.73 crore penalty under Section 271(1)(c) was reinstated, affecting a ₹5.60 crore development expense claim. Details
- Corporate guarantees GST guidance: Part 3 of the series explains valuation, renewals, co‑guarantors, ITC, and compliance issues. Full article
- Nonprofit sales‑tax proposal: Juneau’s Assembly Finance Committee approved a measure to require nonprofits to charge sales tax on goods and services. Source
- Hybrid GST‑SST model debate: Policymakers consider combining GST and SST elements as a fairer tax system. Read analysis
- JSW Dulux refund: The company secured a ₹10.81 lakh GST refund and penalty waiver after Karnataka authorities set aside a demand order. Report
- Tasmanian warehouse sale: A warehouse listed for $485,000 plus GST is now on the market. Listing
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