GST Articles

Key Outcomes from 56th GST Council Meeting

Affluence Advisory 09 September 2025 at 08:35

Explore key highlights from the 56th GST Council Meeting, including GST rate rationalisation, post-sale discount amendments, provisional refunds, GST Appellate Tribunal (GSTAT) rollout, simplified registration for small businesses, and changes to place of supply provisions.

56th GST Council Meeting: 10 Key Recommendations Beyond Rate Cuts

CA Umesh Sharma 09 September 2025 at 08:30

Discover the 10 key recommendations from the 56th GST Council Meeting, from ITC limitations and faster refunds to simplified registration, e-commerce relief, and GSTAT setup, marking the dawn of Next-Gen GST for common taxpayers, exporters, and small businesses.

GST Rate Reduction from 18% to 5% - Is ITC Reversal Required Under Section 18(4)?

Rajagopal K 09 September 2025 at 08:29

Does GST rate reduction from 18% to 5% require ITC reversal under Section 18(4) of the CGST Act? Explore legal provisions, CBIC clarifications, and practical implications for taxpayers.

GST 3.0: Major Reforms Ahead as FM Sitharaman Promises Consumer Benefits

gstregistration.co 08 September 2025 at 08:36

In an interview, FM Sitharaman outlined GST 3.0 reforms, benefits for consumers, GST on fuel, impact on education & insurance, and why One Nation One GST is still a challenge.

GST Relief or an Illusion: The Unseen Costs of GST Rate Restructuring

CA Shubhi Khandelwal 06 September 2025 at 08:45

The GST Council's new two-slab reform (5% & 18%) simplifies the tax structure but brings hidden costs. With ITC withdrawal and sectoral anomalies, hotels, salons, insurance, garments, and footwear may see higher prices despite lower GST rates.

The New Rate of GST: Full List and Rate Chart Effective from 22 September 2025

Pranab Banerjee 06 September 2025 at 08:43

Discover the new GST rates effective from 22 September 2025. Learn how reduced taxes on food and medicines, higher levies on luxury goods, and simplified compliance rules will impact consumers, businesses, and the economy.

56th GST Council Meeting Updates: Key GST Rate Changes Effective September 2025

CA Varun Gupta 06 September 2025 at 08:35

Discover key highlights of the 56th GST Council Meeting held in New Delhi. Effective from September 22, 2025, the latest GST rate changes bring exemptions, reductions, and structural reforms across food, healthcare, energy, automobiles and services.

Determination of Effective Tax Rate and Time of Supply when there is a Change in Tax Rate

K Seeta Rajani 05 September 2025 at 17:02

GST rate revisions effective from 22nd September 2025 bring crucial changes in determining the Time of Supply under Section 14.

GST Rate Changes on Passenger Bus Services: 56th GST Council Meeting

CA Varun Gupta 05 September 2025 at 08:50

From 22 September 2025, GST on passenger transport and motor vehicle rentals will follow a dual rate structure - 5% with restricted ITC or 18% with full ITC. Learn the revised rules, rate comparisons, and compliance guidelines from the 56th GST Council meeting

FAQs on the 56th GST Council Meeting: Key Decisions Explained

CA Ruby Bansal 04 September 2025 at 10:42

Get clear answers to FAQs on the 56th GST Council Meeting decisions, covering tax rates, compliance updates, refund policies, and key GST changes for businesses.