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The Next Generation 2.0 GST Rate Reform, implemented through a series of notifications dated September 17, 2025, represents a comprehensive restructuring of India’s Goods and Services Tax (GST) rate system.
GST rate rationalisation provides a timely boost to these sectors, reducing tax burdens and improving income opportunities for farmers, artisans and entrepreneurs across the state.
The Delhi High Court has said that whenever the GST Council reduces the tax rates on a product, the ultimate benefit must flow directly to consumers through a corresponding reduction in the product’s price.
In good news for consumers, Mother Dairy on Tuesday said it is slashing prices across its range of dairy and food products after the government’s big Goods and Services Tax (GST) 2.0 revamp.
FAQs on price revision by CA Bimal Jain
The removal of the value threshold for GST refunds will significantly benefit small and e-commerce exporters by making even low-value shipments eligible for refunds.
The GST reforms approved by the 56th GST Council Meeting will support the growth of various sectors including India’s rapidly growing drone ecosystem.
Union Finance Minister Nirmala Sitharaman wrote to finance ministers of all states, expressing gratitude for their support and active role in helping implement the landmark overhaul of the goods and services tax (GST) regime.
About the Webinar: Topic Impact Analysis of 56th GST Council meeting Recommendations Faculty CA Saradha Hariharan Date 12.09.2025 Time 3…
Works for the recently-unveiled next-generation GST reforms had started around one-and-a-half years ago, and it has nothing to do with any external factors, Union minister and BJP leader Ashwini Vaishnaw told reporters on Saturday while addressing a press conference from the party headquarters.
