Key Highlights from the 56th GST Council Meeting – Effective Sept. 22, 2025
Further to our earlier update on the outcomes of the 56th GST Council Meeting held on 3rd September 2025, we are pleased to share a detailed industry-wise impact analysis along with an annexure of GST rate changes for your reference.
Key highlights include the introduction of a two-rate GST structure (18%/5%), exemptions on life and health insurance, rationalization of rates on consumer durables, medicines, and auto parts, as well as the operationalization of the GST Appellate Tribunal (GSTAT).
The attached document provides sector-specific insights (covering construction, healthcare, automobiles, agriculture, education, FMCG, textiles, renewable energy, hospitality, and more) together with a comprehensive annexure of item-wise GST rate changes for easy reference and compliance planning.
At AKM Global, our Indirect Tax team remains committed to assisting you with GST registration, compliance, advisory, and litigation services to help you adapt to these reforms with ease.
For any queries or further assistance, please feel free to reach out to us at info@akmglobal.in.