By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: Centre notifies new CGST rates for goods effective from September 22
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » Centre notifies new CGST rates for goods effective from September 22

Centre notifies new CGST rates for goods effective from September 22

krutikadalvibiz
Last updated: September 17, 2025 6:57 pm
krutikadalvibiz
Published: September 17, 2025
Share
SHARE


The Union Finance Ministry notifies new CGST rates and says States will now have to follow suit and notify the State GST (SGST) rates to be levied on goods and services. File

The Union Finance Ministry notifies new CGST rates and says States will now have to follow suit and notify the State GST (SGST) rates to be levied on goods and services. File
| Photo Credit: The Hindu

The Union Finance Ministry has notified new Central GST (CGST) tax rates for goods, which will be effective from September 22, 2025.

States will now have to follow suit and notify the State GST (SGST) rates to be levied on goods and services beginning Monday (September 22, 2025).

Under GST, the revenues are shared equally between the Centre and the States.

Effective Monday (September 22, 2025), GST will be a two-tier structure, wherein the majority of goods and services will attract tax of 5 and 18%.

A 40% tax will be levied on ultra luxury items, while tobacco and related products will continue to be in the 28% plus Cess category.

Currently, Goods and Services Tax (GST) is levied in four slabs of 5, 12, 18 and 28%. Besides, a compensation cess is levied on luxury items and demerit or sin goods.

With the reduction in rates on most goods, the onus is now on trade and industry to pass on the benefit of these tax rate changes to consumers and align compliance in a timely manner.

AMRG & Associates Senior Partner Rajat Mohan said by issuing clear schedules in the notification, the government had provided the much-needed clarity on applicable rates across a wide spectrum of goods.

“With this clarity in place, the ball is now in the industry’s court. Businesses must promptly update their systems, revise pricing, and ensure smooth implementation of the new rates across supply chains,” Mr. Mohan said.

The success of this reform would depend on how effectively and transparently the industry adopted these revised tax rates, he added.

EY Tax Partner Saurabh Agarwal said as rate notifications were now being released, it was imperative for industries to align their ERP systems, pricing decisions and supply chain.

“This strategic alignment is critical to ensure a smooth implementation and, crucially, to guarantee that the benefits of this rate rationalisation are effectively passed on to the end consumer,” Mr. Agarwal said.

The decision to lower tax rates to benefit the common man was taken by the GST Council, comprising the Centre and States, at its meeting on September 3, 2025.

Published – September 18, 2025 12:23 am IST



Source link

U.P. student succumbs to burn injuries in self immolation bid
Comfort fit for conservancy workers: how three Indian cities are getting the ‘measurements’ right
NEET re-test results 2026: 12 students from Tamil Nadu score above 390
Market Opening Bell: Sensex falls 67 points, Nifty at 25,410, Adani Ports jumps over 2%
Michael Jackson biopic 2026 | Trailer, release date and cast of Michael starring Jaafar Jackson
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News

HC directs Rajasthan Govt to encourage ride-hailing apps to have 15% women drivers in 6 months

India Times Now Desk
India Times Now Desk
November 30, 2025
CPI condemns extension of Kanniyakumari atomic mining project permit
Security forces engage in encounter with Maoists in Jharkhand’s West Singhbhum; no casualty reported
Bombay High Court dismisses PIL on RSS chief Bhagwat’s Z-Plus security
God’s Own Country navigates big hurdles to revive tourism sector
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?