07-September-2025
Taxation
 
New GST Rates 2025-26: 75 FAQs Answered – Full Text here
05-Sep-2025

GST 2.0 Reform, GST Rate Cut FAQs: 75 questions answered below: When will the changes in GST rates come into force? As per recommendations of the GST Council in its 56th meeting, 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 22nd September, 2025. For the specified goods namely, cigarettes, chewing tobacco products like zarda, unmanufactured tobacco and beedi, the existing rates of GST and compensation cess will continue to apply and the new rates will be implemented at a later date to be notified, based on discharging of entire loan and interest liabilities on account of compensation cess.5

News Source:- https://www.financialexpress.com/business/industry-new-gst-rates-2025-26-75-faqs-answered-full-text-here-3966313/