The Ministry of Finance has introduced notable changes to the Goods and Services Tax (GST) framework for the hospitality sector. With the issuance of Notification No. 05/2025-Central Tax (Rate), significant amendments have been implemented, effective from April 1, 2025. Here’s everything you need to know about the updated GST rates for hotel accommodation and restaurant…
The 55th GST Council meeting brought significant changes to the taxation structure for hotels and restaurants. By addressing long-standing concerns over the application of GST rates and streamlining the process, these changes are expected to provide much-needed clarity and relief to the hospitality sector. Let’s delve into the details of the Council’s decisions and their…
The Central Government, in exercise of the powers conferred by Section 148 of the Central Goods and Services Tax (CGST) Act, 2017, has introduced a special procedure for rectification of orders pertaining to wrong availment of Input Tax Credit (ITC). This notification is targeted at a specific class of registered persons who have been issued…
Introduction The Andhra Pradesh High Court recently ruled in the case of Somaprasanth Karampudi v. Union of India and Others (Writ Petition No. 14969/2024) regarding the service of notice under the GST Act. This ruling clarifies key issues regarding how notices must be served when the GST registration of a taxpayer has been canceled. The…
Introduction The 54th GST Council meeting has introduced several significant changes and clarifications to GST rates, procedures, and compliance measures. These updates aim to streamline tax processes, clarify ambiguities, and facilitate trade and business operations across various sectors. This article delves into the key recommendations and changes announced during the meeting. Changes/Clarifications in GST Tax…
