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Inverted duty fix is next on Centre’s GST agenda
November 25, 2025
|Hindustan Times Noida
GST Council to expand work on fixing anomaly at next meet
In 2021, the Centre estimated annual refund claims on account of inverted duty structure at about ₹30,000 crore.
(PT)
After slashing goods and services tax (GST) rates in September, the Centre and states are now gearing up to fix the tax system’s next fault line: inverted duty structures.
The GST Council has set its eyes upon correcting the anomaly across a range of industries including select railway parts, metal ores and concentrates, as well as products like water pumps, two people familiar with the matter said on the condition of anonymity. The Council will also take another look at textiles, where the duty inversion was partially addressed on September 3, along with fertilisers and bicycles.
هذه القصة من طبعة November 25, 2025 من Hindustan Times Noida.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Hindustan Times Noida
Hindustan Times Noida
Treesa-Gayatri bag title; Srikanth loses in final
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SURAJ SHARMA CONFIRMS NEW INDIA PROJECT
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Data: Farm fires in Pb, Hry down by half from ’24
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2 killed as rival groups open fire at wedding ceremony in Punjab
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EC extends SIR schedule, final rolls now on Feb 14
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37 Maoists surrender in C’garh’s Dantewada
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Pak-based terror module busted, 3 held for Gurdaspur grenade attack
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