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Searched Tag: gst council

The second layer in the three-tier appeal structure of the GST Act, it requires the bench to comprise one judicial member and two technical members from the tax departments, with appointments controlled by the government

Appellate Tribunal from Oct to ease GST litigation burden

September 25, 2025, 04:20 PM - 3 min read

The GST Appellate Tribunal (GSTAT) had remained non-operational for eight years due to legal challenges over appointments and centre-state differences

The GST Council had announced a restructuring of the four-tier indirect tax system on September 3, announcing instead a simpler two-tier tax system that comprises the 5 per cent and the 18 per cent tax slabs

Red brick makers seek removal from Special Composition Scheme

September 25, 2025, 01:14 PM - 3 min read

The GST Council did not recommend any change to the Special Composition Scheme rates for bricks, except for 'sand lime bricks', on which the rate has been reduced to 5 per cent from 12 per cent

In electronics, leading appliance makers have reduced prices of room air conditioners by up to ₹4,500, and of dishwashers, by up to ₹8,000

Rate cuts on milk, ghee, room ACs, dishwashers coming in

September 21, 2025, 12:33 PM - 5 min read

With the GST Council’s rate rationalisation to be implemented from September 22, many companies have already begun announcing their slashed-down prices of products – from eatables to electronics

The National Consumer Helpline (www.consumerhelpline.gov.in) has emerged as a single point of access for consumers across the country to register grievances at the pre-litigation stage

Govt creates new category on portal for GST complaints

September 20, 2025, 07:09 PM - 3 min read

Ahead of the GST rate rationalisation implementation on September 22, the Centre has created a dedicated category on the National Consumer Helpline’s INGRAM portal for registration of complaints related to revised GST rates and their redressal

Addressing the media after the meeting, Chouhan said the GST reduction would make farm machinery at ‘Custom Hiring Centres’ (CHC) across the country cheaper, and that rentals should also come down accordingly

Agri minister urges tractor-makers to pass on GST cut to farmers

September 19, 2025, 03:34 PM - 3 min read

With the new GST regime set to rollout on September 22, the Union Agriculture Minister, Shivraj Singh Chouhan, met representatives of agricultural machinery manufacturers and urged them to pass on GST rate cut benefits to farmers

While the government has been nudging companies and industry bodies to ensure that the prices are lowered in line with the reduction in rates, companies have started separately announcing price reductions

GST rejig: CBIC to monitor prices of 54 daily-use items

September 13, 2025, 01:18 PM - 2 min read

From September 22, CBIC officials will prepare comparative logs of prices of items of everyday use for the next six months to ensure GST rate cut benefits are being passed on to customers

Senior Congress leader and former finance minister P Chidambaram.

Chidambaram on GST: Govt took wrong path for 8 years, made U-turn

September 4, 2025, 09:40 AM - 4 min read

Chidambaram said, "GST rationalisation and reduction of the rates are welcome, but one is left with the thought that these steps are eight years too late."

A file photo of Union Finance Minister Nirmala Sitharaman.

GST Council meets to discuss rate cuts, rationalisation measures

September 3, 2025, 10:15 AM - 4 min read

The anticipated rise in consumption from this rationalisation, once confirmed by the GST Council, is likely to balance out nearly Rs 50,000 crore in revenue loss.

GST Council to decide on ending 12 and 28 pc slabs.

GST Council to meet in Delhi on Sept 3, 4

August 23, 2025, 10:17 AM - 4 min read

The Goods and Services Tax (GST) Council will hold its 56th meeting on September 3 and 4, 2025, in New Delhi. The meeting will begin at 11 a.m. on both days, according to an official communication issued to members.

Opposition Members protest in the Rajya Sabha during the Monsoon session of Parliament, in New Delhi, Monday.

GST rejig: Cong says it stands vindicated

August 18, 2025, 02:20 PM - 3 min read

Jairam Ramesh, general secretary of communications for the Congress, asserted that the economy has never fully recovered from the two "Modi-inflicted shocks" of demonetisation and GST 1.0.

The Rajya Sabha in session during the Monsoon sitting of Parliament.

RS passes Manipur Budget and GST Bills despite protests

August 11, 2025, 04:14 PM - 3 min read

The Rajya Sabha on Monday returned Manipur’s budget and GST amendment bills amid SIR protests, procedurally deemed passed as Money Bills must return to Lok Sabha within 14 days.

Govt may cut GST rates on common goods soon

July 2, 2025, 12:27 PM - 4 min read

Sources indicate that the government is considering a major overhaul of GST slabs, which could reduce the tax burden on everyday essential items.