GST
TRT-2025-
Date:-09-09-25
In:-
Issue Favourable to Tax Payer ?:-
CBIC Seeks Monthly Price Data Post GST Rate Rationalisation
- GST Council has approved rate rationalisation on various commodities effective 22nd September 2025.
- CBIC has directed field formations to collect commodity-wise price data (pre and post 22nd Sept.) from trade associations and market sources.
- Monthly reports to be submitted to CBIC from Sept 2025 to March 2026.
- First report due by 30th September 2025, followed by reports by the 20th of each subsequent month.
- Key commodities under monitoring include: dairy products (milk, butter, cheese, ghee, dried fruits), chocolates, biscuits, toiletries (soaps, shampoos, toothpaste), stationery, household appliances (ACs, dishwashers, TVs), medicines, diagnostic kits, bicycles, cement, toys, solar products, and more.
- Objective: track market impact of GST rate changes on consumer prices.
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