GST News
GST Reform: NPPA Directs Drug Makers to Pass on Benefits Through Revised MRPs from Sept 22
13 September 2025 at 08:48The National Pharmaceutical Pricing Authority (NPPA) has directed pharma firms to revise MRPs of medicines and medical devices from September 22, 2025, following the GST rate cut.
GST Reforms: Centre Directs Businesses to Display GST Rate Cut Benefits on Consumer Goods from Sept 22
13 September 2025 at 08:38The government has asked businesses to display pre- and post-GST prices of consumer goods as new reforms roll out on Sept 22. Cars, durables and FMCG goods set to get cheaper.
Festive Season and GST Relief Cushion India's Jewellery Industry After US Tariff Blow
13 September 2025 at 08:38India’s gems and jewellery sector faces a $10 billion export hit after the US hiked tariffs to 50%. Festive demand, GST reforms, and domestic consumption may soften the blow.
GST Rate Cuts Set to Transform India's Pharma Industry, Make Life-Saving Drugs Cheaper
12 September 2025 at 08:38GST cuts slash drug prices in India; 36 life-saving medicines now GST-free. Pharma sector set for growth with cheaper therapies and wider access.
NBFC Loan Book to Grow 15-17% in FY26 on GST Reforms, Says ICRA
12 September 2025 at 08:38NBFC loan book to grow 15-17% in FY26, driven by GST reforms and liquidity, though asset quality risks remain, says Icra.
Gujarat Assembly Passes GST (Second Amendment) Bill, 2025
12 September 2025 at 08:38Gujarat Assembly passes GST (Second Amendment) Bill, 2025, replacing ordinance and aligning with 55th GST Council decisions.
CBIC to Collect Monthly Reports on Prices of 54 Essential Goods After GST Cuts
12 September 2025 at 08:38CBIC to monitor FMCG, food, medicines, cement & white goods prices post-GST rate cuts from Sept 22. First report due September 30.
CBIC Chairman Urges Outreach as Reduced GST Rates on 375 Items Take Effect from Sept 22
11 September 2025 at 09:30CBIC Chief Sanjay Kumar Agarwal urged tax officers to ensure proactive outreach as reduced GST rates on 375 items take effect from Sept 22, aiming to support traders, MSMEs, and households in adapting smoothly to the new 5% and 18% two-tier structure.
GST on Paperboard Raised to 18%: Printers Warn of Impact on Students and Jobs
11 September 2025 at 09:26The Offset Printers Association has urged Finance Minister Nirmala Sitharaman to roll back the GST hike on paper from 12% to 18%, warning it will raise textbook prices by 15%, burden families, and push small printing units toward closure.
FAIDA Warns GST Rate Cuts May Fail Consumers Without Clear Guidelines
11 September 2025 at 09:21FAIDA has cautioned that recent GST rate cuts may not benefit consumers due to old MRPs, ITC blockages, and lack of clarity for distributors. The body urged the Finance Ministry to issue guidelines to prevent liquidity crises and ensure consumer welfare.
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