The Central Board of Indirect Taxes and Customs (CBIC) on Sunday (September 7) cautioned the public against an informal message circulating on social media, falsely claiming to be from its Chairman. The message suggested that certain transition benefits under the Goods and Services Tax (GST) regime — including unutilised cess credit, input tax credit (ITC) of exempted supplies, and new price adjustment provisions — would be applicable from September 22, 2025.
In an official statement, the CBIC clarified that the claims were “factually incorrect and misleading,” urging citizens, businesses, and industry stakeholders to rely only on government-issued notifications, circulars, and FAQs for authentic updates. “Any information regarding GST reforms will be communicated through official channels only,” the board emphasised.
The clarification comes against the backdrop of the landmark 56th GST Council meeting held on September 3, where the government approved a significant overhaul of the indirect tax system.
The Council adopted a simplified two-slab structure of 5% and 18%, while retaining a special 40% rate for sin goods such as tobacco and luxury items. The move effectively scraps the existing 12% and 28% slabs.
The reforms, dubbed GST 2.0, are set to take effect from September 22 and are aimed at reducing compliance complexities, streamlining the tax regime, and spurring consumption ahead of the festive season.
Source from: https://www.cnbctv18.com/india/cbic-clarifies-fake-gst-transition-benefits-message-ws-l-19666020.htm
