GST Notification No 03/2026-CTR The Government has amended Notification No. 10/2025–Central Tax (Rate) to provide GST exemption on Psyllium Seeds (Isabgol/Isobgul) under HSN Code 1211 90 13. From 1st November 2026, supplies of Psyllium Seeds (Isabgol) falling under HSN 1211 90 13 will be exempt from GST, subject to correct product classification. Notification No 03-2026-CTR
GST Notification No 02/2026-CTR The Government has amended Notification No. 9/2025–Central Tax (Rate) to revise and clarify GST rates on certain fertilisers and tyres, effective from 1st November 2026. Particulars GST Rate Animal, vegetable and organic fertilisers (pre-packaged and labelled), including seaweed extract-based bio-stimulants registered under the Fertiliser Control Order, 1985 5% Retreaded tractor tyres … Read more
GST Notification No 07/2026-CT The Government has amended Notification No. 50/2018–Central Tax to extend the applicability of Tax Deducted at Source (TDS) under Section 51 of the CGST Act, 2017, to registered taxpayers purchasing specified waste and scrap materials from other registered suppliers. Goods Covered under GST TDS from 01-11-2026. HSN Code Description of Goods … Read more
GST Notification No 06/2026-CT The Government has amended Notification No. 5/2017–Central Tax to withdraw the exemption from GST registration available to persons exclusively supplying goods or services on which tax is payable by the recipient under Reverse Charge Mechanism (RCM), in respect of specified goods from 01-11-2026. HSN Code Description of Goods 1518 Used cooking … Read more
GST Notification No 04/2026-CT The Central Government has amended Notification No. 13/2020-Central Tax dated 21.03.2020, issued under Rule 48(4) of the CGST Rules, 2017, to expand the scope of e-invoicing.The amendment shall come into force from 01.01.2027. Under the amended notification, e-invoicing shall cover the following transactions: Supply of goods or services or both to … Read more
GST Notification No 03/2026- Central Tax The Central Government has notified 01.11.2026 as the effective date for implementation of Sections 153 to 155 of the Finance Act, 2026. The key amendments are as follows: Section 153 & 154 of Finance Act 2026 – Post-Supply Discounts [Sections 15(3)(b) and 34(1)] With effect from 01.11.2026, the requirement … Read more
Circular No 264/10/2026 The Central Board of Indirect Taxes and Customs (CBIC) has issued an important clarification regarding the retrospective applicability of the omission of Rule 96(10) of the CGST Rules, 2017, in view of various court judgments and doubts raised by taxpayers and GST authorities. Rule 96(10) was introduced with effect from 23.10.2017 to … Read more
GST Circular No 263/09/2026 The Central Board of Indirect Taxes and Customs (CBIC) has issued an important Circular clarifying the acceptable modes of receiving export payments for goods and services, including payments through INR accounts, adjustment of export receivables against import payables, and realisation of export proceeds for GST refund purposes. The Circular has been … Read more
Circular No 262/08/2026 : GST ITC Clarification on Demo Vehicles Purchased by Authorised Dealers The Central Board of Indirect Taxes and Customs (CBIC) has issued an important clarification regarding the eligibility of ITC on demo vehicles purchased by authorised dealers or agents of motor vehicle manufacturers.The Circular provides relief to authorised dealers operating under the … Read more
Circular No 261/07/2026 The CBIC has issued Circular No 261/07/2026 relating to the Clarification on the procedure for claiming and reversing Input Tax Credit (ITC) by Banks, Financial Institutions & NBFCs. The Central Board of Indirect Taxes and Customs (CBIC) has issued this Circular to clarify certain issues relating to the applicability of Section 17(4) … Read more