GST Council Archives

September 4, 2025 1:23 PM

GST Council cuts tax on renewable energy equipment to 5 percent

The Goods and Services Tax (GST) Council has reduced the tax on renewable energy devices and manufacturing parts from 12 per cent to 5 per cent, effective from September 22 this year. The Council also raised the tax on coal and lignite from 5 per ce...

September 3, 2025 11:20 PM

Government unveils next-generation GST reforms; daily essentials get cheaper

Finance Minister Nirmala Sitharaman on Wednesday announced a major reform in the Goods and Services Tax (GST) regime, consolidating the 12% and 18% tax slabs into a simplified dual-rate structure of 5% and 18%, with a higher 40% rate retained for sin...

September 3, 2025 10:55 PM

Goods to turn cheaper as GST Council brings more consumer items under lower tax rates

The Goods and Services Tax (GST) Council has decided to bring a wider range of consumer goods under the lower tax slab, in a move aimed at easing the burden on households and stimulating demand. According to sources, items such as shoes and clot...

September 1, 2025 5:04 PM

GST collections rise 6.5% in August to Rs 1.86 lakh crore

India’s Goods and Services Tax (GST) collections rose by 6.5% year-on-year to ₹1.86 lakh crore in August 2025, according to government data released on Monday. This marks the eighth consecutive month that revenues have remained above the ₹1.8 l...

September 10, 2024 10:16 AM

GST rates slashed for certain cancer drugs, namkeens, shared helicopter service

In its meeting on Monday, the Goods and Services Tax (GST) Council announced several key decisions aimed at reducing tax burdens across various sectors. To alleviate the financial strain of cancer treatment, the Council slashed GST rates on certain ...