GST Council approves risk-based 90% provisional refunds for zero-rated supplies including exports & SEZ supplies, effective Nov 1, 2025
GST Council clears risk-based provisional refunds for inverted duty structure; 90% refund to be sanctioned from Nov 1, 2025 for faster liquidity
GST Council removes threshold for refunds on low-value export consignments, helping small exporters using courier and postal modes claim benefits
Small Businesses to Benefit as GST Council Approves Automated Registration in 3 Days
"GST Council approves simplified registration scheme for small e-commerce suppliers, easing compliance and boosting MSME participation nationwide
GST Council removes Section 13(8)(b) of IGST Act, making intermediary services exports eligible for zero-rated GST benefits under new place of supply rules
Major GST update: Amendments to Section 15 & 34 of CGST Act clarify post-sale discount treatment and improve compliance framework
PM Modi hails GST Council for approving rate cuts & reforms, benefiting farmers, MSMEs, middle class, women and youth, ensuring ease of living & business.
GST Council approves a simplified two-tier GST structure - 18% & 5% with major exemptions on insurance, food, medicines, and more. Changes effective 22 September 2025
The 56th GST Council meet on Sept 3-4 may rationalise service tax slabs, shifting many items from 12% to 5%. Industries brace for festive season demand surge amid GST uncertainty.