Latest update 23.09.2025

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GST

Department of Consumer Affairs, GoI, enables GST grievance redressal on National Consumer Helpline (NCH) as part of Next-Gen GST Reforms 2025

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To address the expected consumer queries and complaints on NCH following the implementation of revised GST charges, rates and exemptions effective from 22.09.2025, a dedicated category has been enabled on the INGRAM portal.

Guidebook on Mapping of Harmonized System of Nomenclature (HSN) Codes unveiled byUnion Minister of Commerce & Industry, Shri Piyush Goyal

Union Minister of Commerce and Industry, Shri Piyush Goyal, released the Guidebook on Mapping of Harmonized System of Nomenclature (HSN) Codes prepared by the Department for Promotion of Industry and Internal Trade (DPIIT) on 20th September 2025 during the event on “Celebrating 10 Years of Make in India and Discussion on Next Gen-Reforms 2.0” in New Delhi.

Section 17(2) and reversal of ITC on stock in cases where a manufacturer was earlier making supply of wholly taxable goods and post 22-09-2025, some goods manufactured out of the raw material in stock would be exempt from levy and some remains taxable

by CA Dr. Arpit Haldia

What would be the reversal under Section 17(2).

Applicability of Reversal of ITC under Section 18(4) wherein tax rate for service has been provided with the condition that “credit of input tax charged on goods and services used in supplying the service has not been taken”

by CA Dr. Arpit Haldia

The question is that whether there would be applicability of reversal under Section 18(4) for such services by treating the same as services becoming wholly exempt from levy of tax.

GST-media

New invoice system in works to curb automated notices

The Central Board of Indirect Taxes and Customs (CBIC) is working on a new advanced invoice management system that will prevent system-generated notices being sent automatically to taxpayers for mismatch in the goods and services tax (GST) returns.

GST reforms welcome change to boost consumption of ”swadeshi” goods Odisha CM

Odisha Chief Minister Mohan Charan Majhi on Monday said the GST reforms will boost consumption of ‘swadeshi’ goods and services, resulting in a resilient and stronger economy.

Big question mark on whether GST reduction benefits will be passed on to consumers: Congress

With reduced GST rates on several items coming into effect, the Congress on Monday (September 22, 2025) said the “limited” reform comes eight years too late and a “big question mark” remains on whether the benefits of tax reduction will be passed on to consumers.

New GST rates take effect: Full list of what gets cheaper from today

The GST rate rationalisation announced by the GST Council earlier this month comes into effect from today, the first day of ‘Navratri’. The Council revised GST slabs from four (5, 12, 18 and 28 per cent) to two main rates 5 per cent and 18 per cent, plus a special 40 per cent rate on select items and sin goods. 

Telecom major Vodafone Idea slapped with tax penalty of ₹6.47 crore

Telecom major Vodafone Idea (Vi) on Friday informed that it is slapped with tax penalty of ₹6.47 crore by the Central GST office in Ahmedabad. 

New GST Rates highlights : PM Narendra Modi, in open letter, appeals shopkeepers to sell ‘Made in India products’

With the rollout of the Goods and Services tax reforms (GST reforms) on Monday, the first day of Navratri, reduced GST rates will be applicable on 375 items, covering a wide range of services – from automobiles to daily consumer items.

Income tax

Circular No. 13/2025 dated 19.09.2025

CBDT issued Circular No. 13/2025 dated 19.09.2025 regarding Order under section 119 of the Income tax Act, 1961 for waiver of interest payable under section 220(2) due to late payment of demand, in certain cases.

Pre-GST

Former excise inspector, aid sentenced to 5 years in Rs 32 crore fraud

A CBI court in Visakhapatnam has sentenced a former Central Excise and Customs inspector and a private person to five years’ imprisonment in connection with a Rs 32.28 crore fraud case, the CBI said on Wednesday.

Legal

11 years after retiring, employee files case seeking due promotion and arrears benefits; Supreme Court denies relief due to this reason

Krishnan, a former preventive officer at the Excise Department, sent several letters and representations to the department to point out an alleged unfair treatment. He tried to highlight the fact that his juniors who were working during the time he was working with the Excise Department, received certain promotions and arrears of pay and allowances, none of which were received by him.

EPFO directs zonal, regional offices to allow part payments on PF claims

The Employees’ Provident Fund Organisation (EPFO) has asked its regional and zonal offices to process part payments in some cases, including non-remittance of employer contribution for certain periods, during the final provident fund (PF) settlement, and not reject the whole claim. 

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