CAclubindia News
PM Modi: GST Reforms to Continue as Tax Burden on People Eases with Stronger Economy
27 September 2025 at 08:49PM Modi said GST reforms will continue as India’s economy grows, easing tax burden on citizens. He highlighted GST 2.0, income tax relief up to ₹12 lakh, and “Made in India” defence production.
Invoice-Wise Reporting in Form GSTR-7 Now Live on GST Portal from September 2025
27 September 2025 at 08:41GSTN has enabled invoice-wise reporting in Form GSTR-7 starting September 2025. TDS deductors must now furnish invoice-level details while filing returns. Due date: October 10, 2025.
GSTAT Launched: FM Sitharaman Pledges Fair, Fast and Transparent GST Justice
26 September 2025 at 09:19Union Finance Minister Nirmala Sitharaman launched the GST Appellate Tribunal (GSTAT), promising fair, fast, and transparent dispute resolution. The tribunal will handle over 4 lakh pending cases with 116 members across 45 locations.
Centre Begins Field Inspections to Ensure GST 2.0 Benefits Reach Consumers
26 September 2025 at 09:14Ministry of Finance officials have begun field inspections to ensure GST 2.0 rate cuts are passed on to consumers. Retailers, especially in pharma and textiles, face challenges adjusting stock purchased at old rates.
GSTAT to Resolve Pending Anti-Profiteering Cases, Begin Hearings by December 2025
26 September 2025 at 09:11The GST Appellate Tribunal (GSTAT) will handle pending anti-profiteering cases and serve as a single forum for GST disputes. Hearings are expected by December, with appeal filing extended to June 30, 2026.
Hospitality Sector Urges Govt: 5% GST With ITC Needed for Sustainability
26 September 2025 at 09:08HRAWI urges the government to rationalise GST for hotels and restaurants, proposing 5% GST with ITC or 18% GST with partial ITC to balance consumer benefits with industry sustainability and reduce operational costs.
CAG and CBDT Sign MoU to Enhance Training, Research and Data-Driven Audits
26 September 2025 at 09:00The CAG and CBDT have signed an MoU to collaborate on training, research, and AI-driven audits, focusing on capacity building, GST audits, and governance reforms.
Finance Ministry Extends Validity of Key Customs Duty Exemptions Until 2027
26 September 2025 at 08:54The Finance Ministry, via Notification No. 40/2025-Customs, has extended the validity of key customs duty exemptions until September 30, 2027, while phasing out some from September 2025.
GSTN Advisory: File Pending Returns Before 3-Year Deadline Ends by Oct 31, 2025
26 September 2025 at 08:48Taxpayers must file pending GST returns before October 31, 2025, as per Finance Act 2023. After three years from the due date, filing will be permanently barred.
CBDT Extends Tax Audit Report Filing Due Date for AY 2025-26 to 31st October 2025
25 September 2025 at 16:09CBDT has extended the due date for filing Tax Audit Reports for Assessment Year 2025-26 from September 30 to October 31, 2025, providing relief to taxpayers and professionals.
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