The CBIC issued Instruction No. 01/2025-GST dated 13.01. 2025, relating to Guidelines for Arrest and Bail in relation to offences Punishable under the CGST Act, 2017. As per the Instructions, GST officers will now have to explain to offenders about the “grounds of arrest” and obtain a written acknowledgement from them.
The Ministry of Finance's GST-Investigation Wing issued an amendment to the guidelines for arrest and bail related to offenses under the CGST Act, 2017, through Instruction No. 01/2025-GST. This amendment modifies Instruction No.
GST Notification 13/2025 Dated 17/09/2025 – Amendments to Central Goods and Services Tax Rules. The notification amends CGST Rules, mainly includes: Rule 31A(2): Valuation factor changed by substituting 128 with 140 (impacts value of supply of lottery).
The following category of tax persons are exempted from payment of 1% of GST in Cash 1. Registered taxpayers who have paid income tax above Rs 1.00 in Income Tax during the last two years continuously 2. Taxpayers who have zero-rated supplies without payment of duty and claimed refund of more than Rs 1.00 lac 3.
GST law also provides for grant of provisional refund of 90% of the total refund claim, in case the claim relates for refund arising on account of zero rated supplies. The provisional refund would be paid within 7 days after giving the acknowledgement.
Goods and Services Tax (GST) 2.0 reform, which came into effect from September 22nd, 2025, brought relief for the common people and boosts for businesses. One of the key GST updates under 2.0 reform is that it simplified the GST tax structure from a 4-slab (5%, 12%, 18% and 28%) to a 3-slab (5%, 18% and 40%).
You are eligible for this credit if you are a resident of Canada for income tax purposes at the end of the month before and at the beginning of the month in which the CRA makes a payment (read When your GST/HST credit is paid). In the month before the CRA makes a quarterly payment, you must be at least 19 years old.
To be eligible for the credit, you need to be 19 years of age or older and a Canadian resident. The next GST/HST credit will be paid out on July 5, and Canadians can expect up to $496 if they are single, $650 for married and common-law couples, and $171 for each child under the age of 19.
The New GST Rate Structure
The old four-slab structure (5%, 12%, 18%, 28%) has been simplified. The 12% and 28% slabs were eliminated and replaced with a new structure, which is now primarily 0%, 5%, 18%, and a 40% rate for luxury and “sin” goods.
There are really only two circumstances where customers are exempt from paying GST. The first is if it falls under the basic exemptions such as basic food, sales at duty-free and some medicines for example. The other circumstance is when a business is small enough that they don't have to register for GST credits.
You can claim a GST refund in the following situations, when additional tax is paid or deposited due to errors or omissions. When dealers and deemed export goods or services are subject to refund or refund. Refunds can also be made for purchases made by UN agencies or embassies.
20th August 2025
Due to the incessant rains in various parts of Maharashtra, the government has extended GSTR-3B due date for July 2025 from 20th August to 27th August 2025.
For any standard-rated supplies of goods or services that you make on or after 1 Jan 2024, you must charge GST at 9%. For instance, if you issue an invoice and receive payments for your supply on or after 1 Jan 2024, you must account for GST at 9%.
If there is an amnesty announced by the government for the default, then the GST penalty could be conditionally waived off.
Apart from the late fees, the person will not be able to claim the input tax credit. Also, it will impact not only the registered person as well as the supplier. There would be legal repercussions where your GST registration would be cancelled, and other challenges will be discussed further.
The period of review is the period during which we can amend your assessment. This is generally, 4 years from when you lodge your BAS.
Starting September 22, 2025, GST in India will be simplified to primarily two rates: 5% and 18%, with a special 40% rate on luxury and sin goods like tobacco and high-end vehicles.
Types of GST in India
CGST (Central Goods and Services Tax) SGST (State Goods and Services. IGST (Integrated Goods and Services Tax) UTGST (Union Territory Goods and Services Tax)
Using the wrong tax codes or accounting method
Many GST mistakes are the result of using incorrect tax codes or the wrong accounting method: Tax codes: If a GST-free sale is coded as taxable in your accounting system, you'll pay GST unnecessarily. If a taxable sale is coded GST-free, you'll underpay.
GST Voucher – Cash
You must be aged 21 and above in 2025; Your Income Earned in 2023 as assessed by IRAS (Assessable Income (AI) for the Year of Assessment (YA) 2024) must not exceed $39,000; The Annual Value (AV) of your home (as indicated on your NRIC) as at 31 December 2024 must not exceed $31,000; and.
Payment amounts are recalculated every July
For example, the information from your 2024 tax return determines the GST/HST credit amount you get for the payment period from July 2025 to June 2026. You could get up to: $533 if you are a single individual. $698 if you are married or have a common-law partner.
If your GST turnover is below the $75,000 threshold, you may choose to register. But if you do, regardless of your turnover, you must: include GST in the price of most goods and services you sell. claim GST credits for most business purchases you make.
You can apply for a refund through your registered GST account anytime within two years from a specific “relevant date.” This date depends on the type of refund you are claiming, so it's important to follow the rules carefully. If you paid extra GST by mistake, the date you made GST payment is your relevant date.
You are eligible for the GST/HST credit if you meet all of the following conditions:
Groceries, gas, and rent are getting more expensive, and many Canadians are searching for relief. Good news is, Starting July 2025, the HST/GST credit has increase by 2.7%, helping low- and modest-income households stretch their budgets.