GST Clarification on Post-Sale Discounts (Circular No. 251/08/2025)
On 12th September 2025, the Central Board of Indirect Taxes and Customs (CBIC) issued Circular No. 251/08/2025-GST to address long-standing doubts on the GST …
ITR
Compensation Cess Removal Explained क्या मिलेगा फायदा? Cess हट गया, पर पुराना Stock और Credit का क्या होगा?
Background — Why Compensation Cess Was Introduced When GST was implemented in 2017, states were worried about revenue losses. To …
GST Advisory: 3 Years GST Return rules new effective date announced
The Goods and Services Tax Network (GSTN) has issued an important advisory dated 9th September 2025, reminding taxpayers about the 3-year time …
📢 Ministry give Permission to Revise MRP on Unsold Stock due to GST Rate Change
The Ministry of Consumer Affairs, Food and Public Distribution has allowed manufacturers, packers, and importers of pre-packaged commodities to revise the retail sale …
GST 2.0: CBIC clarifies social media claims about transition benefits under revised GST rules
The Central Board of Indirect Taxes and Customs (CBIC) has dismissed a viral message circulating on social media that …
ITR and Audit Date Extension update!
Earlier this year, the Government extended the ITR filing due date for non-audit taxpayers from 31st July to 15th September 2025. …
GST 2.0: Restaurants, hotels get tax break, but no input tax credit could hurt
However, industry executives and analysts say the overall effect could be limited as the GST Council did not extend input …
Reduction in GST on cement to help real estate sector: CREDAI
New Delhi, Realtors’ body CREDAI on Thursday said the reduction in GST rate on cement to 18 per cent from …
GST on popcorn: The ‘salted vs caramel’ debate is finally put to rest with new GST rates
India’s GST Council has finally laid to rest the controversy over taxation of salted popcorn and caramel popcorn. And you, …
Zomato, Swiggy, Blinkit orders likely to cost more after 18% GST on delivery?
Indian e-commerce platforms like Swiggy, Zomato, and Blinkit are among other companies that will have to pay 18% goods and …
