This blog post announces significant changes to Goods and Services Tax (GST) rates in India, set to become effective from September 22, 2025, as per Notification No. 09/2025 – Central Tax (Rate). It provides a clear, simplified table comparing old and new rates for categories like household essentials, packaged food, luxury goods, hospitality, travel, professional consultancy, and IT services. The post highlights the implications for businesses (updating systems for compliance) and consumers (potential price changes), emphasizing the government's aim for clarity and easier compliance. It concludes by advising consultation with tax professionals for specific sector-related queries.

The Goods and Services Tax Network (GSTN) has significantly revamped its refund system, introducing a unified application form (RFD-01), enhanced document uploads, real-time tracking, and integration with PFMS for faster disbursements. This blog details these crucial updates, explaining how they streamline the refund process for taxpayers, promote transparency, and minimize delays, ensuring timely receipt of their legitimate refunds.