GST fraud involving fake invoices and wrongful input tax credit leads to enforcement searches and detentions as probe continues.
Allegations concern a large-scale GST fraud involving creation and use of fake or dummy units to illicitly claim input tax credit and evade tax. Enforcement searches at multiple premises uncovered a network of purportedly fictitious units used to generate fraudulent invoices and facilitate wrongful availment of credit, while investigation focuses on tracing the racket's structure and identifying ultimate beneficiaries.

GST rate structure for real estate: promoters must apply new reduced rates without input tax credit or opt for the old regime.
The FAQs implement a revised GST rate structure for real estate from 01 04 2019: concessional single rate schemes without ITC for defined affordable and residential categories, mandatory application to new projects, and a one time project wise option for ongoing projects to continue under old rates with ITC. Definitions of ongoing project and affordable apartment, procurement thresholds from registered suppliers, reverse charge rules for TDR/FSI/long term leases, timing of tax liabilities, required project wise accounting, ITC reversal/reporting, and procedures for invoice adjustment and credit notes are set out to govern compliance and transitional treatment.

GST rates for real estate: choose concessional supply taxation without input tax credit or standard taxation with input tax credit.
Real estate GST distinguishes concessional rates without Input Tax Credit from standard rates with Input Tax Credit; all promoters in an area sharing project must adopt the same option. Landowner promoters receiving constructed apartments are taxable recipients and may claim ITC only for tax charged by the developer on construction. TDR/FSI transfers are taxable based on comparable apartment values; TDR/FSI used for commercial or un booked residential units at completion are not exempt. Promoters opting for concessional rates must pay tax in cash and cannot use ITC for that liability.

Examination requirement for GST practitioners mandates passing a NACIN-conducted test for confirmation of enrollment, with registration and syllabus details.
NACIN is authorized to conduct a computer-based confirmation examination for GST Practitioners under sub-rule (3) of Rule 83, requiring eligible enrolled GSTPs with prescribed prior practice to pass the test for continued enrollment. Registration is online with a payable fee and help-desk support. The single paper on GST Law & Procedures is bilingual, comprises 100 multiple-choice questions with no negative marking, and requires attainment of the specified qualifying mark. The syllabus covers central, integrated, state and union territory GST statutes and rules, the Compensation to States Act, and applicable notifications and circulars as frozen on the examination cutoff date.

Goods and Services Tax: destination based dual federal levy with GST Council governance ensuring harmonised rates and credit continuity.
Goods and Services Tax establishes a destination based value added consumption tax subsuming multiple central and state indirect levies; the 101st Constitutional Amendment enables concurrent GST legislation, creates the GST Council to recommend base, rates, apportionment and compensation, and mandates a dual model of CGST/SGST with an IGST mechanism to preserve input tax credit continuity, alongside rules on registration, returns, composition schemes, ITC cross utilisation, e way bills, refunds, and administrative settlement between Centre and States.

GST revenue growth: monthly collections rose and IGST balances were allocated to Centre and States under regular and provisional settlement.
The release reports highest monthly GST receipts with aggregated collections by tax heads and return-filing statistics, and explains that regular IGST settlements to CGST and SGST were made alongside an additional provisional 50:50 distribution from IGST balances, yielding specified net receipts for Centre and States and showing year-on-year and fiscal-average growth.