GST cuts shield Indian carmakers from commodity price shock
India’s move to cut goods and services tax (GST) is emerging as a crucial buffer for carmakers as they counter
Weekly GST Communique dated August 17, 2026
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
Penalty on partners under Section 122(1A) of the CGST Act upheld where complicity in fake invoicing and hawala-linked ITC fraud stands established
The Hon’ble Gujarat High Court in Manoj Ramkishan Agrawal & Anr. v. Union of India & Anr. [R/Special Civil Application
ED registers 4,622 PMLA cases in five years; Income Tax Department files 2,127 prosecution cases
The Rajya Sabha Unstarred Question No. 1837, answered on August 04, 2026, on “Cases Registered by the ED and IT”
CBDT raises monetary limits for departmental tax appeals; 23,467 appeals withdrawn or not filed
The Rajya Sabha Unstarred Question No. 1829, answered on August 04, 2026, on “Monetary Limits for Tax Appeals” was answered
Net Central indirect tax collections rise to ₹16.72 lakh crore in FY 2025-26
The Rajya Sabha Unstarred Question No. 2641, answered on August 11, 2026, on “Revenue Collected through Indirect Taxes” was answered
Government says no instance of wrongful vehicle detention for minor e-way bill errors has come to notice
The Rajya Sabha Unstarred Question No. 2629, answered on August 11, 2026, on “Wrongful Detention of Vehicles under GST” was
Higher appeal thresholds lead to ₹16,688.68 crore reduction in disputed tax demand
The Rajya Sabha Unstarred Question No. 1812, answered on August 04, 2026, on “Ease of Tax Compliance and Dispute Resolution”
Government notifies GST Settlement of Fund Rules, 2026 to strengthen IGST settlement mechanism; SOP implemented to address abnormal reversals of Input Tax Credit affecting settlement process
The Rajya Sabha Unstarred Question No. 1838, answered on August 04, 2026, on “Apportionment and Settlement of IGST Revenue” was
Income-tax Act, 2025 operationalised from April 1; rules and forms substantially reduced; IT Department deploys AI-enabled ‘Kar Saathi’ chatbot; over 1.75 lakh copies of taxpayer-awareness material distributed
The Lok Sabha Unstarred Question No. 3579, to be answered on Monday, August 10, 2026/Shravana 19, 1948 (Saka), on “Operationalisation
