Finance Act 2025: Important Amendments to the CGST Act Explained!

The Finance Act, 2025, published on 29^th March 2025, has brought in several crucial amendments to the Central Goods and Services Tax (CGST) Act, 2017, to streamline compliance procedures, refine key definitions, and enhance administrative clarity. These changes cover a wide range of provisions including input tax credit distribution, time of supply, appeal processes, and the introduction of mechanisms like Track and Trace for certain goods. 

Let’s understand this further in detail!

Finance Act, 2025 Amendments

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To know more about the amendments, click below:

Finance Act, 2025-ISD Provisions applicable from FY 2025-26!

Finance Act, 2025-Changes in Section 17(5), GSTR 1 amendment, Schedule III and others!

Finance Act, 2025-Track and Trace Mechanism introduced!

Finance Act, 2025-Changes related to Vouchers!

Finance Act, 2025-Changes in appeal procedure applicable from 01st April, 2025!

Conclusion

The amendments introduced through the Finance Act, 2025 mark a significant step in strengthening the GST framework by addressing ambiguities, refining compliance mechanisms, and introducing technological enhancements like the Track and Trace system. These changes aim to create a more transparent, efficient, and business-friendly tax environment. 

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