CAclubindia News

Centre Warns Traders to Pass on GST 2.0 Benefits or Face Penalty

20 September 2025 at 07:01

Centre warns traders to pass on GST 2.0 rate cut benefits to customers or face penalty. Govt may revive anti-profiteering provisions under Section 171.

Posted in GST | 1053 Views

CGST Ludhiana Cracks Rs 455 Crore Fake GST Invoice Racket, Two Arrested

20 September 2025 at 06:41

CGST Ludhiana unearthed a fake GST invoice racket worth Rs 455 crore, arresting a father-son duo for availing bogus ITC of Rs 69.41 crore. Investigation continues.

Posted in GST | 114 Views

ICAI Announces Revised Schedule for Sept 2025 CA Exams in Kathmandu, Nepal

20 September 2025 at 06:41

ICAI has rescheduled CA Final and Intermediate exams in Kathmandu, Nepal. Check revised October 2025 dates, timings, venue and key details for candidates.

Posted in Students | 1290 Views

ICAI Provides Relaxation in Compliance of Guidance Notes for Annual Reporting Period 2024-25

20 September 2025 at 06:41

ICAI announces relaxation for non-corporate entities and LLPs, making compliance with new financial statement guidance notes voluntary for FY 2024-25. Accounting Standards remain unaffected.

Posted in Corporate Law | 2295 Views

CBIC Releases FAQs-3 on GST Rate Changes and Notifications Effective September 22, 2025

19 September 2025 at 09:17

CBIC issued FAQs-3 on September 18, 2025, clarifying new GST notifications released a day earlier. The update explains revised CGST rates, exemptions, handicraft tax treatment and compensation cess changes, effective from September 22, 2025.

Posted in GST | 2001 Views

GST Cut on Tractors and Agricultural Equipment: Govt to Ensure Farmers Get Full Benefit

19 September 2025 at 09:08

Union Agriculture Minister Shivraj Singh Chouhan will meet tractor and farm machinery associations in New Delhi to discuss GST reforms.

Posted in GST | 153 Views

GST on Renewable Energy Devices Rationalised to 5%

19 September 2025 at 09:01

India has slashed GST on renewable energy devices from 12% to 5% to make solar panels, rooftop systems and pumps cheaper.

Posted in GST | 264 Views

Packaged Commodities Rules Relaxed Amid GST Revision: Old Wrappers Allowed Till March 2026

19 September 2025 at 08:56

The Central Government has relaxed Legal Metrology rules for manufacturers, importers, and packers after the GST revision 2025. Revised price stickers are optional, newspaper ads waived, and old packaging can be used till March 2026.

Posted in GST | 639 Views

CBIC Notifies Third Amendment to CGST Rules, 2025

19 September 2025 at 08:47

Finance Ministry issues CGST Third Amendment Rules, 2025. Key updates in refunds, appeals and annual returns to ease compliance. Effective September 22, 2025.

Posted in GST | 1899 Views

Finance Ministry Notifies New Union Territory GST Rates Effective 22nd September 2025

19 September 2025 at 08:45

The Ministry of Finance has issued Notification No. 9/2025-Union Territory Tax (Rate), revising GST rates on goods in Union Territories. Effective 22nd September 2025, the new tax slabs range from 0.125% to 20%.

Posted in GST | 576 Views