Recent GST updates include an extension for filing GSTAT appeals under Section 112(1) until July 31, 2026, by using a newly introduced Token Generation Facility. Additionally, the Goods and Services Tax Network (GSTN) shifted the Aggregate Annual Turnover (AATO) amendment window for FY 2025–26 to July 1–31, 2026.
Key GST Updates
- Appeals Deadline Extension: The last date to file GSTAT appeals has been extended to July 31, 2026, with a voluntary e-Way bill (EWB) closure facility also now active on the portal
- Gross Revenue Collections: Recent gross monthly GST collections stand strong at ₹1.94 lakh crore, driven by healthy domestic and import revenues.
- Structural Reforms (GST 2.0): The system has moved to a simplified three-tier slab structure (5%, 18%, and 40%), which abolished the former 12% and 28% categories, exempted health and life insurance from GST, and reduced taxes on various daily consumer goods.
- Input Tax Credit (ITC): System validations restrict excess ITC reclamation and ensure auto-populated values in Table 3.2 of GSTR-3B are non-editable. [1]
