🚨 CBIC Alert: Don’t Fall for Fake GST Claims! 🚨
The Central Board of Indirect Taxes and Customs (CBIC) has denied a viral social media message claiming that new GST transition benefits will be applicable from September 22, 2025. These benefits allegedly include :
- Unutilized Cess Credit: Utilizing unused cess credit
- ITC on Exempted Supplies: Allowing ITC benefits on exempt supplies
- New Price Adjustment Provisions: Introducing a new price adjustment policy
However, CBIC has clarified that these claims are factually incorrect and misleading. The government has already introduced next-generation GST reforms, which include a major rate restructuring, effective from September 22, 2025. The new GST structure has been simplified into two slabs: 5% and 18%, with a special 40% rate for luxury and sin goods like tobacco and cigarettes .
What to Do:
To stay informed about the next-generation reforms under GST, the public, trade, industry, and other stakeholders are advised to refer only to official government-issued notifications, circulars, and FAQs. This will help ensure accurate understanding and compliance with the new regulations .
