GST News
GST on Pan Masala, Cigarettes to Be Levied on Retail Sale Price from 1st February 2026
02 January 2026 at 06:41CBIC has notified RSP-based GST valuation for pan masala, cigarettes, and tobacco products through Notifications 19/2025 and 20/2025. New Rule 31D under CGST Rules comes into effect from February 1, 2026.
Centre Notifies Nil Compensation Cess on Several Goods from 1st February 2026
02 January 2026 at 06:41The Centre has notified Nil compensation cess on several goods under GST through Notification No. 03/2025, effective from February 1, 2026, following GST Council recommendations.
Centre Notifies Major GST Rate Changes for Tobacco, Cigarettes and Biris from 1st February 2026
01 January 2026 at 08:09Government notifies GST rate changes for tobacco, pan masala, cigarettes and biris. New higher GST slabs to apply from February 1, 2026, as Schedule VII is removed.
GST Rate Cut Boosts FMCG Demand: Daily Essentials See 9-10% Volume Growth in Dec Quarter
31 December 2025 at 06:45FMCG sales volumes rose 9-10% in the December quarter after GST rates on daily essentials were cut, signalling a revival in consumer demand, according to NielsenIQ data.
GSTN Introduces Strict ITC Validations: Negative Reclaim and RCM Ledger Balances to Be Disallowed
30 December 2025 at 06:51GSTN to soon block excess ITC reclaims and RCM ITC claims. Negative ledger balances may stop GSTR-3B filing. Key compliance changes explained.
UP STF Busts Inter-State GST Evasion Racket: Rs 500 Crore Tax Fraud Uncovered
30 December 2025 at 06:51Eight arrested after UP STF exposed a major GST scam involving shell companies, fake e-way bills and illegal ITC worth Rs 500 crore.
Ex-Accountant Booked After Rs 56 Lakh GST Meant for Film Company CEO Goes Missing
29 December 2025 at 06:54Mumbai police booked a former accountant of a film production company for allegedly embezzling Rs 56 lakh meant for GST payment, raising dues to Rs 65.82 lakh.
GSTAT Allocates Benches to Members, Sets Functional Framework for Appellate Proceedings
29 December 2025 at 06:54GSTAT allocates benches to all its members, taking a key step towards operationalising the GST Appellate Tribunal and streamlining GST dispute resolution.
Delhi HC Questions 18% GST on Air Purifiers Amid Pollution Crisis
29 December 2025 at 06:54Delhi HC hears plea for GST reduction on air purifiers as Centre flags constitutional concerns and says decision lies with GST Council.
GSTR-9 & GSTR-9C Deadline Extension Sought as Compliance Complexities Rise
27 December 2025 at 06:45Tax practitioners' bodies including BCAS and Malad Chamber seek extension of GSTR-9 and GSTR-9C due date for FY 2024-25 citing form changes and technical issues.
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