GST changes 2025, effective April 1, reshape India’s tax landscape. Announced by the CBIC, these updates span hotels, vehicles, and even popcorn. First, let’s explore how they’ll hit your wallet. With ₹2.10 lakh crore in GST revenue in 2024 (CBIC), these shifts matter.
Hotel Stays Get Pricier
GST changes 2025 tweak hotel rates. Rooms costing ₹7,500 or more per day now face 18% GST with ITC. Rooms below ₹7,500 get 5% GST without ITC. For instance, a ₹10,000 room in Mumbai adds ₹1,800 in tax. So, expect higher bills at luxury stays. Budget travelers, however, save more.
Used Vehicles Face New Taxes
GST changes 2025 hit the used vehicle market. An 8% GST now applies on the marginal value—sale minus purchase price. If you sell a car for ₹5 lakh, bought at ₹4 lakh, you pay ₹8,000 GST. Besides, this raises costs for buyers. Thus, plan your car deals carefully.
Popcorn and Security Updates
GST changes 2025 bring quirky updates too. Popcorn taxes vary: non-labeled at 5%, labeled at 12%, and sugar-coated at 18%. Meanwhile, the GST portal gets a security boost. Multi-factor authentication (MFA) becomes mandatory for all users. Then, simple logins won’t work. For more on taxes, see “Saving vs Investing: Where should you put your money?” on Artho Shots.
Relief for Farmers and Businesses
These changes offer relief too. Green or dried pepper and raisins from agriculturists are now GST-exempt. Plus, big businesses with over ₹10 crore turnover can’t report e-invoices older than 30 days. For details, visit CBIC Updates. Therefore, compliance gets tighter but fairer.
In conclusion, GST changes 2025 mix challenges and benefits in India. Hotels and used cars cost more, but farmers gain. Moreover, with ₹2.10 lakh crore in GST revenue, these updates aim for clarity. Start adjusting your budget now. Ready for more? Explore our tax guides today!