GST amendments in January 2025-all notifications covered!

The Central Government has released multiple CGST and CGST (Rate) notifications following the 55th GST Council meeting, addressing due date extensions, tax rate adjustments, exemptions, and procedural reforms. These changes affect various sectors, including exports, insurance, hospitality, and essential commodities, to simplify compliance, reduce tax burdens, and improve regulatory transparency. Key updates include lowered GST rates, exemptions for certain services, revisions in tax applicability, and procedural enhancements for businesses and taxpayers. These amendments are designed to facilitate the seamless implementation of GST policies.

Let’s have a look at the summarized view of all notifications issued in January 2025!

CGST - Notification

To know more about the above-mentioned notifications read here- 

Extension of GST Return due dates for December 2024!

DRC-03A: The Key to Adjusting Unresolved GST Payments!

Revised Form GST REG 12 to include temporary registrations!

Late fees for GSTR 9C waived for FY 2017-18 to FY 2022-23!

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To know more about the above-mentioned notifications read here- 

GST @ 5% on Fortified Rice Kernel-Notification issued!

Gene therapy exempted from GST-Notification issued!

GST on used EVs changed from 12% to 18%-Notification issued!

Declaration for 18% GST for restaurants-Notification issued!

GST exemption notification updated!

GST-RCM not applicable for sponsorship services provided by a body corporate-Notification issued!

Conclusion

The amendments introduced through these CGST and CGST (Rate) notifications mark a significant step toward a more efficient and transparent GST framework. By extending due dates, revising tax rates, granting exemptions, and refining procedural requirements, the government aims to ease compliance burdens and provide greater clarity for businesses and taxpayers. These changes are expected to streamline operations across various sectors while ensuring a smoother implementation of GST policies. 

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