CAclubindia News
CBIC Bars Provisional GST Refunds for Pan Masala, Tobacco and Essential Oils from 1st October 2025
18 September 2025 at 08:48The Finance Ministry has issued Notification No. 14/2025 restricting provisional GST refunds from October 1, 2025. Taxpayers without Aadhaar authentication and businesses dealing in pan masala, tobacco, areca nuts, and essential oils will be ineligible.
CBIC Exempts Small Taxpayers from Filing GST Annual Return for FY 2024-25 Onwards
18 September 2025 at 08:43The Finance Ministry has exempted GST-registered taxpayers with turnover up to Rs 2 crore from filing annual returns (Form GSTR-9) for FY 2024-25 onwards, reducing compliance burden on small businesses.
Finance Ministry Notifies Cases to Be Heard Exclusively by Principal Bench of GSTAT
18 September 2025 at 08:38The Finance Ministry has notified that appeals involving identical legal issues across States, provisions under IGST Act sections 14/14A, and CGST Act section 20 will be heard only by the Principal Bench of the GST Appellate Tribunal.
Finance Ministry Sets June 30, 2026 Deadline for Filing Pending GST Appeals Before Tribunal
18 September 2025 at 08:33The Finance Ministry has notified June 30, 2026, as the last date to file pending GST appeals before the Appellate Tribunal for orders issued before April 1, 2026. For orders after April 1, 2026, appeals must be filed within three months.
CBIC Notifies Major GST Rate Changes on Services Effective September 22, 2025
18 September 2025 at 08:29The Finance Ministry has notified GST Notification No. 15/2025 revising tax rates on services including transport, courier, job work, wellness and professional services.
IT Department Sees Record Surge with Over 7.3 Crore ITRs Filed for AY 2025-26
18 September 2025 at 08:20A record of over 7.3 crore ITRs were filed by Sept 15. CBDT extended deadline to Sept 16 amid heavy portal traffic and taxpayer complaints of glitches.
CBDT and its Subordinate Offices to undertake Special Campaign 5.0 for Swachhata and Efficiency
18 September 2025 at 08:20Govt launches Special Campaign 5.0 (Oct 2-31, 2025). CBDT to focus on swachhata, e-waste disposal, record management, and grievance redressal.
CBDT Issues SOP for Taxing Capital Gains on JDAs Under Section 45(5A)
18 September 2025 at 08:19CBDT issues SOP for assessing capital gains on Joint Development Agreements under Section 45(5A), adopting the successful Kolkata model nationwide.
Finance Ministry Clarifies: Hotels up to Rs 7500 Tariff to Pay 5% GST Without ITC
18 September 2025 at 08:19Finance Ministry clarifies hotels charging up to Rs 7,500 per room per day will pay 5% GST without ITC, raising concerns for the hospitality sector.
No Recall or Re-Labelling Needed for Medicines Before Sept 22: Finance Ministry Clarifies
18 September 2025 at 08:19Finance Ministry FAQs clarify GST changes on medicines, drones, hotels, insurance & delivery services. No recall or re-labelling needed before Sept 22.
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