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GST Reforms

Reversal of Excess GST ITC following Reduction of GST Rate/Reclassification as Exempt: Why and How

Kavi Priya

On September 22, 2025, major GST reforms came into effect. Among the biggest changes were rate cuts on popular items: several goods that earlier...

R&I Japan raises India’s Sovereign Rating to BBB+: Signals Strong Macroeconomic Conditions & GST...

Mumbai Customs approaches Supreme Court over Reliance Cisco IP Phone Import Duty Disputes

CBIC Cautions Against Speculative Information on GST Rate Changes

Will a 40% 'Sin Tax' Kill Online Gaming in India?

Major GST Cuts by Diwali! PM Modi Announces Sweeping Tax Reforms during 79th Indian Independence Day Address

On India’s 79th Independence Day, Prime Minister Narendra Modi delivered a landmark 103-Minute address from the premises of the Red Fort addressing various administrative reforms that are in line...

Major GST Reforms for MSMEs: CBIC eases Registration and Filing Under QRMP Scheme

Micro, Small, and Medium Enterprises (MSMEs) are a crucial pillar of India’s economy, contributing nearly 30 percent to the GDP and employing over 7.5 crore people. They account for 36 percent of...

Amended Clause (C) of Rule 89(4) of CGST Rules: Zero Rated (Export) Turnover for Purpose of ITC Refund

Is the Govt Walking the Talk on Support to Exporters ? Exports like many other sectors in the economy, has taken a major hit due to the COVID 19 pandemic and consequential business...

GST 2.0: Punjab CM suggests 101 Reforms in existing Law

Without wasting even a day, Chief Minister of Punjab, Captain Amarinder Singh, has written to the Prime Minister Shri Narendra Modi has to the ball rolling on economic reforms by suggesting 101 GST...