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Central Board of Indirect Taxes and Customs (CBIC) issued Notification no. 13/2025 – Central Tax dated 17.09.2025 to further amend the Central Goods and Services Tax Rules, 2017
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As the GST Council gears up for its meeting on June 22, several major issues are on the agenda that could significantly impact the regulatory landscape for businesses and taxpayers alike.
Fertiliser stocks have been in focus over the last few days with the Street anticipating some relief in Goods and Services Tax (GST) on the sector at the upcoming GST Council meeting on June 22.
GST Council in its 53rd meeting dated 22.06.2024 recommends waiving interest and penalties for demand notices issued under Section 73 of the CGST Act (i.e. the cases not involving fraud, suppression or wilful misstatement, etc.) for the fiscal years 2017-18, 2018-19 and 2019-20, if the full tax demanded is paid upto 31.03.2025