Finance Ministry notifies new GST rates under Notification No. 9/2025. Essentials stay at 5%, standard goods at 18%, and luxury goods up to 40%. Learn how this impacts businesses.
CBIC issues Notification No. 12/2025 amending GST rate provisions. References updated to Notification No. 9/2025 for Central, Integrated & UT Tax, effective Sept 22, 2025.
CBIC revises GST rates effective Sept 22, 2025 – 12% GST on fly ash bricks, building bricks & tiles; Compensation Cess on multiple items reduced to Nil.
BIC notifies revised GST rates effective September 22, 2025 -5% on handicrafts & artware, 3% on imitation jewellery and 12% on fly ash bricks & tiles.
CBIC issues GST Notification 02/2025 eliminating compensation cess on 19 categories of goods. Changes effective from September 22, 2025.
CBIC issues GST Notification 11/2025 revising tax rates to 9% under CGST & UTGST and 18% under IGST, effective September 22, 2025.
The Ministry of Finance has issued Notification No. 17/2025 - Central Tax (Rate) along with corresponding amendments under Integrated GST (IGST) and Union Territory GST (UTGST), providing clarity on the applicability of GST to local delivery services
The Finance Ministry has notified GST exemption on life and health insurance premiums for individuals, while group insurance remains taxable.
The 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.
The 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.
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