CBI Arrests Asstt. DGFT in Haryana in a Bribery Case:
The Central Bureau of Investigation (CBI) has arrested Asstt. DGFT in the Office of Joint Directorate General of Foreign Trade (DGFT), Panipat, Haryana, in a Bribery case.
The CBI registered the instant case on 19.08.2026 against the said accused. It was alleged that the Assistant DGFT, O/o Joint DGFT, Panipat, Haryana, demanded a bribe of Rs. 30,000 from the complainant for clearing the deficiency and processing Export Promotion Capital Goods (EPCG) Authorization file in respect of the client of the complainant.
The CBI laid a trap on 19.08.2026 and caught the accused public servant while demanding and accepting a bribe of Rs. 30,000 from the complainant.
The accused will be produced before the designated CBI Court at Panchkula.
The searches are underway at the residence and office premises of the accused.
Investigation is continuing.
CBIC reshuffles 6 senior CGST officials from Chennai formations to key HQ roles with immediate effect August 12, 2026
Six top officials, including a Principal Chief Commissioner and a Principal Commissioner, have been transferred with immediate effect in a major overnight restructuring of the Central Board of Indirect Taxes and Customs (CBIC) Chennai CGST office.
The overnight restructuring is especially significant, as it involves the simultaneous relocation of five other officers stationed in Chennai and the senior-most CBIC official in the chain.
Madan Mohan Singh, Principal Chief Commissioner, CGST Chennai, has been transferred to CBIC, Delhi, and attached as Officer on Special Duty (OSD) in accordance with a Department of Revenue office order of August 10. The order declared, “He stands relieved.”
The Principal Commissioner of CGST Chennai, Pradip Kumar Suman, has been sent to CBIC as an OSD. Additionally, two Deputy Commissioners and three Additional Commissioners from Chennai have been transferred to CBIC, Delhi as OSD.
Additional Commissioner Shivaprakash Veeresh Baddi, Additional Commissioner B Lokanath Reddy, and Deputy Commissioners M Pandaram and N Sudhakar are among the other transfers. As OSD, they will all be connected to CBIC, Delhi.
The order, which was issued with the relevant authority's consent, mandates that the transfers commence right away. The remaining officers have been instructed to report to their new positions by August 12, while Singh has been relieved.
Although the office order explicitly makes no mention of a complaint, disciplinary action or justification for the move, the scope and sudden nature of the action are noteworthy.
The order has been distributed to the office of the Finance Minister, the Minister of State for Finance, the Revenue Secretary, the Chairman and Members of the CBIC, and the Board's human resources and vigilance departments.
Faceless GST administration on the cards: The Central Board of Indirect Taxes and Customs (CBIC) is planning to introduce a faceless GST framework, similar to the Income Tax system, to improve transparency and reduce direct interaction between taxpayers and tax officials.
Faceless GST refunds to be implemented first: The first phase of the initiative is expected to make GST refund processing completely faceless, with a broader rollout planned over the following six months.
E-commerce registrations may go faceless: CBIC is also considering a faceless GST registration process for businesses operating exclusively through e-commerce platforms, simplifying the registration process.
Faceless GST assessments under consideration: The roadmap may also include faceless GST assessments, aimed at enhancing consistency, reducing manual intervention, and improving taxpayer experience.
Potential ITC relief for businesses: The GST Council is expected to discuss a proposal to protect buyers' Input Tax Credit (ITC) where the supplier defaults on tax payment, provided the buyer has valid GSTR-2B data and proof of payment.
Government May Allow GST ITC on Cars Purchased for Official Use:
GST ITC proposal under consideration: The Government is considering allowing businesses to claim Input Tax Credit (ITC) on cars purchased in the company's name for official or employee use, subject to specified conditions.
Current restriction: Under the existing GST provisions, ITC on most passenger vehicles is blocked under Section 17(5) of the CGST Act, except for specific business uses such as passenger transport, driving schools, or vehicle resale.
Potential benefit for businesses: If approved, companies could significantly reduce the cost of acquiring vehicles by claiming GST credit, making fleet purchases and employee transportation more cost-effective.
Part of broader GST reforms: The proposal is part of the government's ongoing efforts to simplify GST provisions, improve ease of doing business, and rationalize Input Tax Credit rules.
Awaiting official approval: The proposal is still under discussion, and no formal notification or amendment has been issued by the Government or the GST Council.
Income Tax Department Releases ITR-5 Offline Utility for AY 2026-27 The Income Tax Department has released the Offline Utility for ITR-5 for Assessment Year 2026-27 on the e-Filing portal. The latest update was made available on 07 August 2026.
The Department has released Windows Utility Version 1.0.0 (41.7 MB) and Mac Utility Version 1.0.0 (69.0 MB). The Excel-Based Utility Version 1.3 (13.8 MB) has also been updated on 07 August 2026.
The relevant JSON Schema, Schema Change Document Version 1.1, and Validation files are also available on the portal. Taxpayers and tax professionals are advised to use the latest utilities and technical files while preparing and filing ITR-5 for AY 2026-27.
ITR 5
For persons other than- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7
GST Info Tamil
Gross and Net GST revenue collections for the month of August, 2026
Link : tutorial.gst.gov.in/downloads/news/aug_2026_gst_re…
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Over 7 crore income tax returns filed ahead of August 31 deadline for ITR-3, 4, 5 and 7
1 week ago | [YT] | 0
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GST Info Tamil
CBI Arrests Asstt. DGFT in Haryana in a Bribery Case:
The Central Bureau of Investigation (CBI) has arrested Asstt. DGFT in the Office of Joint Directorate General of Foreign Trade (DGFT), Panipat, Haryana, in a Bribery case.
The CBI registered the instant case on 19.08.2026 against the said accused. It was alleged that the Assistant DGFT, O/o Joint DGFT, Panipat, Haryana, demanded a bribe of Rs. 30,000 from the complainant for clearing the deficiency and processing Export Promotion Capital Goods (EPCG) Authorization file in respect of the client of the complainant.
The CBI laid a trap on 19.08.2026 and caught the accused public servant while demanding and accepting a bribe of Rs. 30,000 from the complainant.
The accused will be produced before the designated CBI Court at Panchkula.
The searches are underway at the residence and office premises of the accused.
Investigation is continuing.
The Press Release can be accessed at: cbi.gov.in/press-detail/Nzk1Nw==
2 weeks ago | [YT] | 0
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GST Info Tamil
CBIC reshuffles 6 senior CGST officials from Chennai formations to key HQ roles with immediate effect
August 12, 2026
Six top officials, including a Principal Chief Commissioner and a Principal Commissioner, have been transferred with immediate effect in a major overnight restructuring of the Central Board of Indirect Taxes and Customs (CBIC) Chennai CGST office.
The overnight restructuring is especially significant, as it involves the simultaneous relocation of five other officers stationed in Chennai and the senior-most CBIC official in the chain.
Madan Mohan Singh, Principal Chief Commissioner, CGST Chennai, has been transferred to CBIC, Delhi, and attached as Officer on Special Duty (OSD) in accordance with a Department of Revenue office order of August 10. The order declared, “He stands relieved.”
The Principal Commissioner of CGST Chennai, Pradip Kumar Suman, has been sent to CBIC as an OSD. Additionally, two Deputy Commissioners and three Additional Commissioners from Chennai have been transferred to CBIC, Delhi as OSD.
Additional Commissioner Shivaprakash Veeresh Baddi, Additional Commissioner B Lokanath Reddy, and Deputy Commissioners M Pandaram and N Sudhakar are among the other transfers. As OSD, they will all be connected to CBIC, Delhi.
The order, which was issued with the relevant authority's consent, mandates that the transfers commence right away. The remaining officers have been instructed to report to their new positions by August 12, while Singh has been relieved.
Although the office order explicitly makes no mention of a complaint, disciplinary action or justification for the move, the scope and sudden nature of the action are noteworthy.
The order has been distributed to the office of the Finance Minister, the Minister of State for Finance, the Revenue Secretary, the Chairman and Members of the CBIC, and the Board's human resources and vigilance departments.
3 weeks ago | [YT] | 0
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GST Info Tamil
Jammu Kashmir Received Rs 14,478 Crore in GST Compensation Since 2017-18: Centre
3 weeks ago | [YT] | 0
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GST Info Tamil
E-way bill generation rises 5.98% to second-highest level in July 2026
3 weeks ago | [YT] | 0
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GST Info Tamil
4 weeks ago | [YT] | 2
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GST Info Tamil
CBIC Plans to Introduce Faceless GST Operations:
Faceless GST administration on the cards: The Central Board of Indirect Taxes and Customs (CBIC) is planning to introduce a faceless GST framework, similar to the Income Tax system, to improve transparency and reduce direct interaction between taxpayers and tax officials.
Faceless GST refunds to be implemented first: The first phase of the initiative is expected to make GST refund processing completely faceless, with a broader rollout planned over the following six months.
E-commerce registrations may go faceless: CBIC is also considering a faceless GST registration process for businesses operating exclusively through e-commerce platforms, simplifying the registration process.
Faceless GST assessments under consideration: The roadmap may also include faceless GST assessments, aimed at enhancing consistency, reducing manual
intervention, and improving taxpayer experience.
Potential ITC relief for businesses: The GST Council is expected to discuss a proposal to protect buyers' Input Tax Credit (ITC) where the supplier defaults on tax payment, provided the buyer has valid GSTR-2B data and proof of payment.
4 weeks ago | [YT] | 0
View 0 replies
GST Info Tamil
Government May Allow GST ITC on Cars Purchased for Official Use:
GST ITC proposal under consideration: The Government is considering allowing businesses to claim Input Tax Credit (ITC) on cars purchased in the company's name for official or employee use, subject to specified conditions.
Current restriction: Under the existing GST provisions, ITC on most passenger vehicles is blocked under Section 17(5) of the CGST Act, except for specific business uses such as passenger transport, driving schools, or vehicle resale.
Potential benefit for businesses: If approved, companies could significantly reduce the cost of acquiring vehicles by claiming GST credit, making fleet purchases and employee transportation more cost-effective.
Part of broader GST reforms: The proposal is part of the government's ongoing efforts to simplify GST provisions, improve ease of doing business, and rationalize Input Tax Credit rules.
Awaiting official approval: The proposal is still under discussion, and no formal notification or amendment has been issued by the Government or the GST Council.
4 weeks ago | [YT] | 1
View 0 replies
GST Info Tamil
Income Tax Department Releases ITR-5 Offline Utility for AY 2026-27
The Income Tax Department has released the Offline Utility for ITR-5 for Assessment Year 2026-27 on the e-Filing portal. The latest update was made available on 07 August 2026.
The Department has released Windows Utility Version 1.0.0 (41.7 MB) and Mac Utility Version 1.0.0 (69.0 MB). The Excel-Based Utility Version 1.3 (13.8 MB) has also been updated on 07 August 2026.
The relevant JSON Schema, Schema Change Document Version 1.1, and Validation files are also available on the portal. Taxpayers and tax professionals are advised to use the latest utilities and technical files while preparing and filing ITR-5 for AY 2026-27.
ITR 5
For persons other than- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7
4 weeks ago | [YT] | 0
View 0 replies
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