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GST Review September-2025

GST Updates

Deepali Mehta
Press Release for GST2.0 for recommendations of 56th GST Council meeting dated 03.09.2025: Council met on 3 Sept 2025; package covers rate changes (goods & services), relief to common man/middle class, and trade- facilitation measures. Implementation Timeline (phased) Services: rate changes effective 22 Sept 2025. Most goods: 22 Sept 2025. Pan masala, gutkha, cigarettes, chewing tobacco, unmanufactured tobacco & bidi: stay at existing rates until compensation-cess loan/ interest obligations are fully discharged; FM to notify transition date. GOODS (Annexure I & II) Major Reductions: 5% (from 12–18%) → UHT milk, condensed milk, butter, ghee, paneer, cheese, nuts, dates, dried fruits, malt, starches, pectin, bidi leaves, katha, edible oils & fats, sugar, confectionery, cocoa, chocolates, pasta, biscuits, na.......