🚨 GST Rate Change Effective 22nd September 2025 – What Businesses Must Know 🚨
🚨 GST Rate Change Effective 22nd September 2025 – What Businesses Must Know 🚨 The Government has notified revised GST rates effective 22nd Sept 2025 , following the 56th GST Council Meeting . While the changes bring relief for some sectors, they also create compliance challenges for businesses. Here’s a one-stop guide to help you navigate the transition smoothly 👇 🔑 Key Highlights from the Notification 📌 2.5% GST – Essential food & agri-based items (milk, cereals, pulses, nuts). 📌 9% GST – Certain intermediate/industrial inputs. 📌 20% GST – Specific luxury goods. 📌 1.5% GST – Selected niche commodities. 📌 0.125% GST – Precious metals/jewellery related items. 📌 0.75% GST – Specific agricultural/allied goods. 📌 14% GST – Notified high-value goods/services Rate Notification . 📖 ITC Implications – Section 18(4), Rule 44 1️⃣ Rate Reduction (Taxable → Lower Rate) ✔ No ITC reversal required. ITC remains in credit ledger. ❌ Refund o...