Quick Summary
From shampoos and biscuits to medicines and cement, the Union Ministry of Finance has decided to closely monitor prices of 54 essential items following the latest round of GST rate reductions effective September 22, 2025. The Revenue Department has directed field officers to compile monthly reports
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
Buy CCI PRO Now
Already a PRO member? Login here for an ad-free experience.
FAQ :
The Central Board of Indirect Taxes and Customs (CBIC) will be collecting the monthly price reports.
A total of 54 essential goods will be monitored.
The list includes food items, personal care products, educational supplies, white goods, cement, and medicines.
The GST rate reductions took effect from September 22, 2025.
The purpose is to ensure that the benefits of GST rate cuts are passed on to end consumers and to monitor price changes.
The first report is due by September 30, 2025.
CAclubindia
