Category: GST
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Key Decisions Proposed in 56th GST council meeting
Here’s a gist of the 56th GST Council Press Release (3rd September 2025) with important highlights: 1. GST Rate Changes on Goods Large number of daily-use food items (milk, butter, cheese,…
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India’s GST Overhaul: New Two‑Tier System Simplifies Taxation
New Delhi, September 3, 2025 – A landmark GST reform for businesses and consumers. What’s Changing? The GST Council has approved a new two‑tier structure, eliminating 12% and 28% tax…
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GST Late Fee in September 2025: Update
Table of Contents 1. Introduction Timely filing of GST returns is one of the most important compliance requirements for businesses in India. Many small businesses delay filing due to cash…
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