GST Circulars were issued in February 2025!

The Central Government has issued multiple CGST and CGST (Rate) notifications following the 55th Council meeting, introducing due date extensions, tax rate revisions, exemptions, and procedural amendments. These updates affect various sectors, including exports, insurance, hospitality, and essential commodities, to streamline compliance, reduce tax burdens, and enhance regulatory clarity. Key changes include reduced GST rates, exemptions for specific services, modifications in tax applicability, and procedural adjustments for businesses and taxpayers. These amendments aim to facilitate the smoother implementation of GST policies.

Let’s have a summarised view of circulars issued in February 2025!

Circulars- February, 2025:

To know more click on the below links-

GST Appeals & Waiver Under Section 128A CBIC Instruction 02/2025 Explained!

Clarification on GST Rates & Other issues-Circular dated 14.02.2025!

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Conclusion

The clarifications issued in February, 2025provide much-needed guidance on the classification and applicable GST rates for various goods and implementation of section 128A. These circulars ensure uniformity in tax implementation and address industry concerns regarding the taxation of agricultural produce, processed food items, and construction materials. By providing clear directives on tax liabilities and exemptions, the circular enhances compliance and reduces ambiguities in GST application.

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