Goods and Service Tax

GST Rate Revision Has Resulted In 5% Rise In Revenue For States: Minister

In a written reply to a question in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said that the GST collections during September to November of the current financial year (2025-26) have risen to Rs 2,59,202 crore from Rs 2,46,197 crore in the same period of 2024-25.

Dec 16, 2025, 17:17 PM IST

GST Refunds Made Easier For Low Value E-commerce Exports

The relevant section of the CGST Act, 2017 will be amended to allow refunds for exports made with payment of tax, regardless of value.

Sep 05, 2025, 10:40 AM IST

GST Relief Across Fisheries Value Chain: Fishing Nets, Seafood Products and Aquaculture Inputs All at 5%

Under the revised structure, GST on fish oils, fish extracts, and prepared or preserved fish and shrimp products has been reduced from 12 percent to 5 percent.

Sep 04, 2025, 16:01 PM IST

GST Rate Cut From September 22: Why Is Paneer Attracting Zero Tax While Cheese Gets A 5% GST?

The GST Council has accepted Group of Minister’s (GoM) proposal to retain two slabs — 5 percent and 18 percent. 

Sep 04, 2025, 15:54 PM IST

GST Reforms Can Further Lower Inflation, Allow RBI To Cut Repo Rate By Another 25 Basis Points This Year

The GST tax rate cuts can lower headline CPI inflation by 1 percentage point.

Sep 04, 2025, 15:15 PM IST

Onions Selling At Rs 24/Kg At THESE Centres In Delhi, Mumbai, Ahmedabad

Union Minister of Consumer Affairs, Food and Public Distribution Pralhad Joshi on Thursday launched the retail sale of onions at Rs 24 per kg in Delhi, Mumbai and Ahmedabad through outlets and mobile vans of NCCF, NAFED and Kendriya Bhandar and also through distribution partners of NAFED and NCCF as part of the government’s policy to control prices of essential goods. 

Sep 04, 2025, 15:05 PM IST

New GST Rates Explained: How GST Rate Rejig Is Going To Boost Businesses, Empower Common Man

The changes in GST rates on services and goods other than cigarettes, chewing tobacco products like zarda, unmanufactured tobacco and beedi will be effective from September 22, as per recommendations of the GST Council in its 56th meeting.

Sep 04, 2025, 10:48 AM IST

GST Rates 2025: Household Food Expenses To Drop Significantly After Tax On Staples Slashed

UHT milk, paneer, pizza bread, rotis, and khakhras will now have zero tax after GST 2.0, reduced from 5 per cent. Parathas and parottas, previously taxed at 18 per cent, are now in the nil bracket.

Sep 04, 2025, 10:41 AM IST

New GST Rates: List Of Items Getting Cheaper For Common Man, From 12% And 18% To 5%

The GST Council has accepted Group of Minister’s (GoM) proposal to retain two slabs — 5 percent and 18 percent.

Sep 04, 2025, 09:00 AM IST

New GST Rates From 22 September: Check Complete List Of Food Items That Will Attract ZERO Tax; List Of Items To Attract 5% Tax

From groceries and fertilisers to footwear, textiles, and even renewable energy, a broad basket of goods and services is set to become more affordable. Items earlier taxed at 12 per cent and 28 per cent will now largely migrate to the other two slabs, making a wide range of products cheaper.

Sep 04, 2025, 08:30 AM IST

New GST Rates From September 22: Highest Tax On These Items; Check List Of Items With 40% GST

GST Council has moved a host of products in the highest tax bracket raising from 28 percent to 40 percent. Here's the complete list.

Sep 03, 2025, 23:53 PM IST

2-Slabs GST Tax Structure From 22 September 2025: Nil Tax On These Medicines; Rates Brought Down From 5 And 12%; Check Full List

The GST Council has accepted Group of Minister’s (GoM) proposal to retain two slabs — 5 percent and 18 percent.

Sep 03, 2025, 23:35 PM IST

Modi Govt's MASSIVE Festive Bonanza: GST Council Approves 2-Slabs Tax Structure; To Be Implemented From 22 September 2025

The GST Council has accepted Group of Minister’s (GoM) proposal to retain two slabs — 5 percent and 18 percent. 

 

Sep 03, 2025, 22:46 PM IST

2-Day GST Council Meet Aims To Cut Compliance Burdens, Benefit Small Businesses

The Council will discuss two tax rates of 5 and 18 per cent by moving products from the current 12 and 28 per cent slab to lower rates.

Sep 03, 2025, 11:37 AM IST

Crucial GST Meet Today: Check Timings; All Eyes On Revision Of 2-Slab Tax Structure

GST Council Meeting Today: As per Indian GST rules,  currently a four-slab GST system is followed — 5 percent, 12 percent, 18 percent, and 28 percent — along with an additional cess on sin and luxury goods.

Sep 03, 2025, 09:43 AM IST

GST Rate Change: 56th GST Council Meet To Decide On 2-Slab Structure In Early September

The country currently follows a four-slab GST system — 5 per cent, 12 per cent, 18 per cent, and 28 per cent — along with an additional cess on sin and luxury goods.

Aug 23, 2025, 12:00 PM IST

GST Collection Rises 10% To Over Rs 1.62 Lakh Crore In September

The revenue in September 2023 was 10 percent higher than the GST revenue of Rs 1.47 lakh crore in the same month last year, the finance ministry said in a statement.

Oct 02, 2023, 18:06 PM IST

Education To Become Costly? Now Students Have To Pay More Hostel/PG Fees

According to the administration, rent for residential properties would qualify for GST exemption.

 

Jul 29, 2023, 21:45 PM IST

GST Collections Rise 3% In June To Rs 1,61,497 Crore

The revenues for the month of June are 12 percent higher than the GST revenues in the same month last year.

Jul 01, 2023, 15:49 PM IST

Finance Ministry's Big update: Pay GST on Hotel, train booking cancellations -- Check details

As per the circular released by the Ministry of Finance on August 3, the cancellation of confirmed train tickets would now be more expensive since it would be subject to Goods and Services Tax (GST). Booking tickets is considered to be a "contract" under which the service provider agrees to offer services to the consumer. 

Aug 29, 2022, 17:18 PM IST