GST News

GST 2.0 Rollout: CBIC Expects Temporary Dip in Revenues, Festive Demand to Aid Recovery

06 September 2025 at 09:41

CBIC warns of a short-term dip in GST collections after GST 2.0 rollout on Sept 22, but festive demand and tax cuts are set to boost sales and ease inflation.

Posted in GST | 1419 Views

GST Rationalisation to Boost MSMEs, Exports and Consumer Welfare

06 September 2025 at 09:34

GST rationalisation lowers costs, eases refunds for low-value e-commerce exports, supports MSMEs, fixes inverted duty structures, and boosts competitiveness.

Posted in GST | 132 Views

GST Reforms: Cigarettes to Cost More, But Bidi Prices Cut to Protect Industry

06 September 2025 at 09:28

GST reforms make cigarettes costlier at 40% tax, while bidi GST cut to 18% aims to protect jobs of 70 lakh workers, sparking debate on health and politics.

Posted in GST | 1371 Views

CBIC Confident of Smooth Transition to Next-Gen GST by September 22, Says Chairman

06 September 2025 at 09:24

CBIC Chairman says next-gen GST rollout from Sept 22 will be glitch-free, with lower tax slabs, ITC flexibility, and festive season boost to demand.

Posted in GST | 1848 Views

CBIC Refutes Reports of 18% GST on Caramel Popcorn

06 September 2025 at 09:20

CBIC clarifies GST on popcorn: both salted and caramel varieties will attract 5% tax under new rates, refuting earlier reports of 18% GST on caramel popcorn.

Posted in GST | 1434 Views

NextGen GST Reforms to Benefit Dairy Farmers and Rural Economy: PM

06 September 2025 at 09:10

PM says NextGen GST reforms will empower dairy farmers, make products affordable, and boost rural economy by strengthening India’s dairy sector.

Posted in GST | 84 Views

GST Rationalization Boosts Dairy Sector, Most Products Now at Nil or 5%

06 September 2025 at 09:02

GST Council rationalizes rates for dairy sector; most products now taxed at Nil or 5%, boosting affordability, demand, and farmer income.

Posted in GST | 1035 Views

GSTN Enables GST Payments via UPI and Debit/Credit Cards Across 24 States

05 September 2025 at 09:46

GSTN introduces GST payment via UPI and Debit/Credit Cards across 24 States, including Delhi, Maharashtra and Mizoram, making tax compliance faster and easier.

Posted in GST | 333 Views

GSTN Adds DBS Bank India as Authorized Partner for GST Payments

05 September 2025 at 09:42

GSTN adds DBS Bank India as an authorized bank for GST payments, raising the total to 32. Taxpayers can now use DBS for Net Banking and OTC payments, boosting convenience and compliance.

Posted in GST | 357 Views

GST Reforms 2025: Relief for Common Man, Boost for Businesses

05 September 2025 at 09:13

GST undergoes Next-Gen reforms with a simplified 2-slab structure (5% & 18%), rate cuts on essentials, medicines, cars, cement and farm equipment, plus 40% tax on luxury/sin goods.

Posted in GST | 2094 Views