Diabytes
GST Council News
)
An inverted duty structure arises when input materials attract a higher GST rate than the final product. This breaks the credit chain, leading to blocked input tax credits and higher costs for manufacturers and consumers. Regarding the inverted duty structure in the case of notebooks, the official said that the anomaly has come to the notice of the government.
)
Tractors, trailers and fuel-cell hydrogen vehicles with length not exceeding 4 metres got shifted from 12 per cent GST slab to 5 per cent GST slab.
)
Educator and YouTuber Khan Sir urged PM Modi to remove the 18% GST on educational services, calling for tax-free quality education. He welcomed the 40% tax on luxury goods and stressed that education must remain free from commercialisation. Scroll down to read more.
)
The relevant section of the CGST Act, 2017 will be amended to allow refunds for exports made with payment of tax, regardless of value.
)
“Sin goods” are items seen as harmful to health or society—like tobacco, gutka, pan masala, and alcoholic or sugary drinks. To discourage people from consuming them, governments usually impose higher taxes on these products while using the revenue for public welfare.
)
Under the revised structure, GST on fish oils, fish extracts, and prepared or preserved fish and shrimp products has been reduced from 12 percent to 5 percent.
)
The GST Council has accepted Group of Minister’s (GoM) proposal to retain two slabs — 5 percent and 18 percent.
)
The GST tax rate cuts can lower headline CPI inflation by 1 percentage point.
)
Union Minister of Consumer Affairs, Food and Public Distribution Pralhad Joshi on Thursday launched the retail sale of onions at Rs 24 per kg in Delhi, Mumbai and Ahmedabad through outlets and mobile vans of NCCF, NAFED and Kendriya Bhandar and also through distribution partners of NAFED and NCCF as part of the government’s policy to control prices of essential goods.
)
The GST Council, led by Finance Minister Nirmala Sitharaman, has announced major tax cuts on popular electronic items. Starting September 22, the new 5 per cent and 18 per cent GST rates will apply to four key categories—air conditioners, televisions larger than 32 inches (including LED and LCD models), monitors and projectors, and dishwashing machines.
)
The changes in GST rates on services and goods other than cigarettes, chewing tobacco products like zarda, unmanufactured tobacco and beedi will be effective from September 22, as per recommendations of the GST Council in its 56th meeting.
)
UHT milk, paneer, pizza bread, rotis, and khakhras will now have zero tax after GST 2.0, reduced from 5 per cent. Parathas and parottas, previously taxed at 18 per cent, are now in the nil bracket.
)
The GST Council has accepted Group of Minister’s (GoM) proposal to retain two slabs — 5 percent and 18 percent.
)
From groceries and fertilisers to footwear, textiles, and even renewable energy, a broad basket of goods and services is set to become more affordable. Items earlier taxed at 12 per cent and 28 per cent will now largely migrate to the other two slabs, making a wide range of products cheaper.
)
GST Council has moved a host of products in the highest tax bracket raising from 28 percent to 40 percent. Here's the complete list.
)
The GST Council has accepted Group of Minister’s (GoM) proposal to retain two slabs — 5 percent and 18 percent.
)
The GST Council has accepted Group of Minister’s (GoM) proposal to retain two slabs — 5 percent and 18 percent.
)
The GST Council, chaired by Finance Minister Nirmala Sitharaman and attended by state finance ministers, on Wednesday approved a simplified GST structure with just two main slabs—5 per cent and 18 per cent.
)
The 56th GST Council has begun its discussion on rates rationalisation and on proposals to cut levies on life and health insurance premiums, with rate notifications likely by the third week of September, according to reports.
)
While several stocks soared to new highs, 64 companies hit their 52-week lows, including Deepak Nitrite, Indus Towers, Sri Lotus Developers, Maral Overseas, Regaal Resources, and Vikram Solar. Despite this mixed performance, the overall market mood remained upbeat.
Loading...
 "Notice issued to Signature Global after 7 labourers die at Gurugram site")
 "Special Lok Adalat 2026: Settle your traffic challans with huge discounts")
 "How long can India handle US-Iran war as exports choke, oil prices surge")
 "Iran spent one-third of 2026 in internet blackout: Report")
 "'Beware lest you be the ones to vanish': Khamenei’s aide Larijani warns Trump")
 "IPL 2026 schedule delay: BCCI secretary shares update, reveals likely date")
 "1.5 lakh kg Amul products destroyed after Jaipur found altering expiry dates")
 "IndiGo CEO Pieter Elbers resigns three months after mass flight cancellations")
 "NSE directs brokers to report, remit excess STT collected")
 "Govt dismisses Turkish report claiming India shared Iranian ship's location")
