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Summary of Post-56th GST Council Meeting Press Meet: Here’s What FM Nirmala Sitharaman Said
Finance Minister Nirmala Sitharaman, after the 56th Goods and Services Tax Council Meeting announced that GST slabs are reduced to two, with a focus...
![Notice by Non-Jurisdictional AO Invalid: ITAT Renders Addition u/s 69A Void Ab Initio [Read Order]](https://images.taxscan.in/h-upload/2025/09/03/250x150_2083798-non-jurisdictional-ao-invalid-itat-itat-renders-taxscan.webp "Notice by Non-Jurisdictional AO Invalid: ITAT Renders Addition u/s 69A Void Ab Initio [Read Order]")
Relief to Exporters: 56th GST Council Approves Risk-Based Provisional Refund Mechanism for Zero Rated Supply, 90% will be Released
The 56th GST Council has authorized the implementation of a risk-based interim refund scheme for zero-rated goods to the exporters. Exporting products and services or supplying Special Economic...
Healthcare Gets Cheaper: GST Council Proposes Nil Tax on 36 Lifesaving Drugs, Slashes Rate on Medical Devices to 5%
The 56th meeting of the Goods and Services Tax (GST) Council was held at Sushma Swaraj Bhavan in New Delhi on September 03, 2025, chaired by Union Finance Minister Nirmala Sitharaman, has proposed a...
