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Searched Tag: gst rate cut

Post the slashing of Goods and Services Tax (GST) rates on nearly 375 items by the GTS Council, any complaints against failure of any industry to pass on the benefits of price reduction to consumers will be taken by the Central Board of Indirect Taxes and Customs (CBIC), said the body’s chairman, Sanjay Kumar Agarwal

CBIC to take up complaints against non-reduction in prices

September 7, 2025, 12:27 PM - 3 min read

The GST law stipulates that trade and industry need to pass on GST cut benefits to customers, for which an anti-profiteering authority has also been set up where consumers can file complaints regarding any non-reduction in prices post GST implementation

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The case pertained to a customer complaint against Urban Essence for not passing the benefit of reduction of GST rate, on restaurant services, from 18 per cent to 5 per cent with effect from November 15, 2017

Subway franchisee asked to pass on GST rate cut benefit to buyer

August 16, 2025, 03:49 PM - 2 min read

The newly-constituted GST Appellate Tribunal (GSTAT) has held a Subway franchisee guilty of not passing on the GST rate cut benefit of ₹5.47 lakh to customers

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Govt may cut GST rates on common goods soon

July 2, 2025, 12:27 PM - 4 min read

Sources indicate that the government is considering a major overhaul of GST slabs, which could reduce the tax burden on everyday essential items.

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GST Council to debate slashing 12 pc tax slab

June 26, 2025, 03:56 PM - 4 min read

The council’s meeting, slated for July, has been delayed for over six months owing to disagreements over location of meeting

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