Dear Readers, As per the decisions of the 56th GST Council Meeting, the revised rates of goods / services are being applicable from 22nd September, 2025 (except for Pan Masala, Tobacco etc.) and various notifications were issued by CBIC on 17th September, 2025 notifying the revised rates from 22nd September, 2025. The revised rates can […]
Analysis of the Decisions made at 56th GST Council Meeting dated 3rd September 2025 The detailed analysis can be accessed at; GST 2.0 – Detailed Presentation The detailed change in rates of goods and services can be accessed at; GST Rates for Goods and Services – Effective from 22nd September 2025
Dear Readers, The 53rd meeting of the GST Council convened on June 22, 2024, primarily focused on addressing taxpayer concerns and providing relief measures. The following major recommendations were discussed, with implementation on issuance of notifications / circulars: ???? Section 128A: Proposal to waive interest and penalties for FY 17-18, 18-19, and 19-20 related to[…..]
Background In the National Co-ordination Meeting on 24th April 2023, it was discussed that while various system based and policy measures are being taken to address fake registration and fake input tax credit problem, there is a need of concerted and coordinated action on a mission mode by Central and State tax authorities to tackle[…..]