Has CBIC Confirmed New GST Transition Benefits from September 22?
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Synopsis
The CBIC has decisively countered viral claims regarding new GST benefits set to start on September 22. This official statement urges the public to rely only on verified government sources for accurate information on GST reforms, emphasizing that misinformation can lead to confusion in the trade and industry sectors.
Key Takeaways
- CBIC has denied viral claims regarding GST benefits.
- Official government sources should be consulted for accurate information.
- New GST rates now include only two slabs: 5% and 18%.
- Previous higher rates have been removed to simplify the tax structure.
- Awareness of misinformation is vital for stakeholders.
New Delhi, Sep 7 (NationPress) The Central Board of Indirect Taxes and Customs (CBIC) has categorically denied a viral message circulating on social media that claims new GST transition benefits, such as unutilised cess credit, ITC on exempted supplies, and new price adjustment measures, will commence from September 22. CBIC referred to these assertions as “false and misleading.”
In a statement shared on the social media platform X, CBIC emphasized that no such changes are in the pipeline and urged the public to avoid relying on unofficial communications.
“It has come to our attention that an informal message purporting to be from the Chairman of CBIC is being widely disseminated on social media, falsely claiming that certain GST transition benefits will be effective from September 22 concerning unutilised cess credit, ITC for exempt supplies, and new price adjustment provisions. We hereby inform you that such claims are factually incorrect and misleading,” CBIC stated in its post.
The board further advised the general public, trade, industry, and other stakeholders to depend solely on government-issued notifications, circulars, and FAQs for credible information.
“We request that the general public, trade, industry members, and other stakeholders refer exclusively to official government notifications, circulars, FAQs, etc., for a clearer understanding of the upcoming reforms under GST,” it added.
The viral message incorrectly asserted that unused cess credit could be utilized, ITC benefits on exempt supplies would be permitted, and a new price adjustment policy would be initiated.
CBIC has clarified that no such reforms have been enacted.
The government has already rolled out next-generation GST reforms, which feature a significant restructuring of rates.
The previous four-rate structure has been condensed to two slabs—5 percent and 18 percent. The 12 percent and 28 percent slabs have been eliminated, while a special 40 percent rate has been designated for luxury and sin goods like tobacco and cigarettes.
Point of View
I believe it's crucial to emphasize the significance of relying on verified information, especially regarding tax reforms like GST. Misinformation can lead to widespread confusion among businesses and the public. Our duty is to provide clear, authoritative insights that help our audience navigate these complex topics.
NationPress
07/09/2025
Frequently Asked Questions
What did CBIC say about the viral GST claims?
CBIC stated that the claims regarding new GST transition benefits starting from September 22 are false and misleading.
Should I trust unofficial messages about GST reforms?
No, it is advisable to rely solely on official government notifications and circulars for accurate information regarding GST reforms.
What are the new GST rates introduced by the government?
The new GST rates have been structured into two slabs: 5 percent and 18 percent, eliminating the previous 12 percent and 28 percent rates.
