Raksha Parikh
GST Advisory for No change in ITC Process from October-2025. GST Advisory for No change in ITC Process from October-2025 has been issued as some incorrect information is going around about the changes in GST return filing from 01-10-2025. GST Advisory has clarify the following. I. No Change in Auto-Population of ITC: Input Tax Credit (ITC) … Read more
Faster GST Refunds from 01-10-2025 GST Instruction No 06/2025 dated 03-10-2025 has been issued for Faster GST Refunds from 01-10-2025. 90% refund will sanctioned provisionally on the basis of low risk .The 56th GST Council Meeting recommended a change in Rule 91(2) of CGST Rules,2017.This change allows the GSTN to evaluate the refund application and … Read more
Withdrawal of Circular 212 on Post Sale Discount CBIC has issued Circular No 253/10/2025 for Withdrawal of Circular 212 on Post Sale Discount. This withdrawal is based on the recommendation of the GST Council. As per the requirement of Circular No 212/06/2024, the supplier had to collect the declarations/ CA-CMA certificates from recipients confirming ITC … Read more
GST Revenue Collection September 2025 The Purpose of this Article is to present Comprehensive data on GST Revenue Collection in September 2025. It Covers Key aspects such as Gross Domestic Revenue collection, Gross Import Revenue, Domestic Refund , Import Refund, Net Customs Revenue and Total Net GST Revenue for the Month of September 2025. Additionally, … Read more
Invoice wise TDS Reporting in GSTR-7 from September 2025 tax period GST Advisory has been issued for Invoice wise TDS Reporting in GSTR-7 from September 2025 tax period. The Government amended from GSTR-7. The amendment introduced a new requirement : Invoice wise reporting of TDS deductions. The new functionality has now been activated on the … Read more
3 Years limit in filing pending GST Returns from October 2025 GST Advisory has been issued for 3 Years limit in filing pending GST Returns from October 2025. From 01-10-2025, you will not be able to file any GST return that is more than 3 years overdue.This change was brought in by the Finance Act, … Read more
GST Circular No 252-09-2025- DIN not Mandatory As per GST Circular No 252-09-2025 DIN is not mandatory for eOffice communications with issue number.Earlier, CBIC made it mandatory to generate and quote a Document Identification Number (DIN) on all official communications sent to taxpayers (Circulars 122/2019 & 128/2019).Later, Circular 249/06/2025 clarified that if a communication is … Read more
Simplified IMS Process : Pending Records, ITC Declaration and Remark Facility GST Advisory has been issued to Simplified IMS Process : Pending Records, ITC Declaration and Remark Facility , dated 23-09-2025. The Main Key Points of the Advisory are as under: Pending Action for Certain Records Declaring ITC reduction Amount Option to save remarks Important … Read more
Relabeling of MRP on Unsold stock is not mandatory: Confirmed by Consumer affairs The Government step out with Relabeling of MRP on Unsold stock is not mandatory: Confirmed by Consumer affairs. The Department of Consumer Affairs has issued an Advisory dated 18-09-2025 to relaxes the requirement of re-labeling or re-stickering MRPs on pre-packaged goods after … Read more
From Proposal to Implementation: Key GST changes Effective from 22-09-2025 The article From Proposal to Implementation: Key GST Changes Effective from 22-09-2025 provides analysis for all those notifications that were recommended in the 56th GST Council and will now be implemented from 22-09-2025. Key Points Supersession of Notification No 01/2017-CTR dated 28-06-2017 Supersession of Notification … Read more