CGST Amendments 2025: Key Changes in the Finance Bill

Finance Minister Nirmala Sitharaman presented the Finance Bill 2025 on 01.02.2025, introducing several amendments to the Central Goods and Services Tax Act (CGST). These amendments clarify definitions, ITC distribution, compliance requirements, penalties, and track & trace mechanisms. Below is a detailed breakdown: Key Amendments and Their Impact Amendments to Definitions (Clause 116) Section Amendment Effective […]