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Central Board of Indirect Taxes and Customs (CBIC) issued Notification no. 16/2025-Central Tax (Rate) dated 17.09.2025 that Seeks to amend Notification No 12/2017-Central Tax (Rate dated 28th June, 2017 to implement the recommendations of the 56th GST Council.
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HSN wise GST rate changes on Goods as recommended in 56th GST Council meeting held on 03.09.2025 as follows :-
While deciding to do away with the anti-profiteering clause, which mandates sellers to pass on the benefits of tax cuts.
Team RAPG & Co. Chartered Accountants, has prepared a details note on the recent clarifications issued by CBIC pursuant to 53rd GST Council meeting recommendations on 26.06.2024.