The first, the Maharashtra Goods and ServicesTax (Amendment) Bill, 2025, is intended to bring the state’s GST framework in sync with the Centre’s amendments to the Central Goods and Services Tax (CGST)Act, 2017. These changes were introduced through the Finance Act, 2025, passed on March 29, following the 55th GST Council meeting.

A senior official from the state finance department noted that the revisions particularly benefit small traders, who often face challenges with GST compliance. "Of the 16 lakh traders in Maharashtra, over 13 lakh are small business owners with limited familiarity with the filing process. They depend on accountants, and any errors can lead to procedural issues. These amendments aim to ease such difficulties," the official said.

Maharashtra’s annual GST revenue stands at approximately ₹2.5 lakh crore as reported by Free Press Journal.

In a separate move, the Cabinet also gave its nod to the Maharashtra Tax, Interest, Penalty or Late Fee (Settlement of Arrears by Public Sector Undertakings) (Amendment) Bill, 2025. The law provides a settlement window for public sector undertakings to clear pending dues such as tax arrears, interest, penalties or late fees under various state tax laws.The amendment pertains to the settlement scheme notified earlier on March 21, which is effective until December 31, 2025.

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The proposed changes broaden the definition of “applicant” under the scheme to cover a wider group of public entities. This includes public sector companies, banks, departments, statutory authorities, and local bodies not incorporated under the Companies Act, 2013 but constituted through legislative acts or resolutions.

The broader eligibility is expected to facilitate closure of long-pending recovery cases and unlock substantial revenue that has been tied up for years.

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