GST News

FM Sitharaman: Companies Must Pass GST Rate Cut Benefits to Consumers

09 September 2025 at 08:59

FM Nirmala Sitharaman urges companies to pass on GST rate cut benefits to consumers, as GST 2.0 takes effect on Sept 22. CBIC warns industries to ensure compliance; relief package for exporters planned.

Posted in GST | 1896 Views

GST 2.0 and Festive Season to Boost Car Sales

09 September 2025 at 08:54

Stellantis India CEO expects car sales to surge during the festive season, boosted by GST 2.0 rate cuts making small cars cheaper. Citroen launches Basalt X Range with premium features at Rs 7.95 lakh.

Posted in GST | 93 Views

CBIC Issues Clarification on Fake GST Transition Benefit Message Circulating Online

09 September 2025 at 08:48

CBIC warns against a fake GST message on transition benefits circulating on social media. The Board clarified the claims are misleading, urging reliance on official notifications only.

Posted in GST | 1497 Views

Petrol, Diesel, and Alcohol Unlikely to Come Under GST Soon: FM Sitharaman

08 September 2025 at 08:56

Finance Minister Nirmala Sitharaman confirmed petrol, diesel, and alcohol will remain outside GST for now, citing state revenue concerns, even as 99% of goods fall under simplified GST slabs of 0%, 5%, and 18%.

Posted in GST | 702 Views

FM Sitharaman Cites Popcorn Example in GST Reforms to Highlight Classification Issues

08 September 2025 at 08:56

Finance Minister Nirmala Sitharaman explains the rationale behind GST reforms, citing the "popcorn example" to highlight classification disputes.

Posted in GST | 1437 Views

FM Sitharaman Rules Out Capex Cuts Amid GST 2.0 Revenue Concerns

08 September 2025 at 08:56

Finance Minister Nirmala Sitharaman has assured that GST 2.0 will not derail India’s fiscal roadmap or ₹11.21 lakh crore capex plan for FY26. She said reforms will spur consumption while keeping fiscal deficit targets intact.

Posted in GST | 138 Views

Tobacco, Cigarettes May Face Additional Tax Over 40% GST, Says CBIC Chief

08 September 2025 at 08:56

Government to impose an additional levy on tobacco and cigarettes to maintain current tax incidence under GST 2.0; ultra-luxury cars to face only 40% tax.

Posted in GST | 408 Views

Food Delivery May Get Costlier as GST 2.0 Brings Delivery Fees Under 18% Tax

08 September 2025 at 08:56

GST 2.0 simplifies tax slabs to 5% and 18% to spur demand, but online food delivery via Zomato, Swiggy may cost Rs 2-2.6 more per order as delivery fees attract 18% GST.

Posted in GST | 1383 Views

GST 2.0: FM Nirmala Sitharaman Says 99% of Goods Now Under 0%, 5% or 18% Slabs

08 September 2025 at 08:56

FM Nirmala Sitharaman says 99% of goods now fall under 0%, 5% or 18% GST slabs, with only 1% taxed as sin goods at 40%. New rates effective from Sept 22, 2025.

Posted in GST | 1914 Views

GST Reforms Simplify Tax Structure, Premature to Fear State Losses: CEA Nageswaran

08 September 2025 at 08:56

CEA V Anantha Nageswaran says GST reforms will boost consumption and it’s premature to assume states will lose revenue. New GST slabs of 5%, 18% and 40% aim to simplify India’s tax regime

Posted in GST | 1101 Views