GST Bulletin October 2026
Judicial Updates :-
- Weekly Market Leasing by Panchayat Neither Supply of Goods Nor Services, Exempt from GST.
- Renting of Godowns for Storing Raw Agricultural Produce Taxable Under GST, RCM Applies on Rent from Unregistered Lessors.
- Mens Rea Essential for 100% Section 129 Penalty, Mere E-Way Bill Part-B Lapse Insufficient to prove Intent to Evade Tax.
- Historical ITC Reversal Unrelated to the Refund Period Cannot Reduce ‘Net ITC’, CBIC Circular Cannot Override Rule 89(4).
- Fake Invoices from Non-Existent Suppliers Justify Section 74 Invocation; Consolidated Multi-Year SCN Permissible.
Recent Development
- Multistate GST Registration
- E-Invoicing for RCM Self-Invoices
- Update on 57th GST council Meeting
