GST cut, festive demand may cushion $10 billion tariff blow for jewellers
While exports face headwinds, the ongoing festive season in India could provide some relief to the gems and jewellery sector. […]
MRP check after GST rate cut: Finance ministry asks CGST field offices for monthly reports; CBIC to review price data from Sep 22
The finance ministry has directed Central GST field offices to submit monthly reports on price changes in 54 commonly used
Govt asks firms to share revised prices after GST reductions for consumers
The Central government has asked businesses to display the tentative price list of consumer goods, including cars and other products,
Amul rules out pouch milk price cut; only longlife UHT milk to get GST relief
There will be no impact on packaged milk prices because of Goods and Services Tax (GST) changes from September 22nd,
Demand of Rs. 231 Crore stayed on SCN issued for multiple years where Constitutionality and fairness of ISD provisions is under challenge
The Hon’ble Orissa High Court in Vedanta Limited v. Union of India & Ors [W.P.(C) No. 23286 of 2025, order
Supreme Court stays retrospective GST penalty under Section 122(1A) and to examine its applicability to non-taxable persons
The Hon’ble Supreme Court in Mukesh Kumar Garg v. Union of India & Ors [SLP(C) No. 18178/2025, order dated August
GST Reforms in Automobiles; Cheaper Cars, More Accessibility
Introduction In a globally competitive automobile ecosystem, the Government of India has prioritised transformative reforms in the auto and related
GST Rationalisation in Electronics and Green Technologies; Making Technology Affordable, Strengthening Domestic Manufacturing, and Driving Sustainable Growth
Key Takeaways GST on Air Conditioners, Dishwashers, and TVs reduced from 28% to 18%, boosting affordability and domestic electronics manufacturing. GST on Monitors and Projectors cut from 28% to 18%,
GST Reforms in Chemicals and Fertilizers Sector; Reduced GST brings relief in healthcare, agriculture and logistics
Key Takeaways Healthcare GST on medicines has been reduced from 12% to 5%/ Nil, which will make chronic treatments more
GST Reforms in Agriculture; A Farmer-Friendly, Pro-Rural, and Pro-Sustainability Step
Key Takeaways Lower GST on tractors and farm equipment will make mechanisation more affordable for farmers. GST on tractors (below
