Top 5 Major Changes in GST Applicable from 1st Nov. 25 #gst #motivation #facts #tax #taxation #viral

5 major GST changes applicable from 1st November The five major GST changes applicable from November 1, 2025, focus on a simplified registration process for small businesses and faster refunds for exporters These reforms, part of the broader "GST 2.0" agenda, are based on recommendations from the 56th GST Council meeting held in September 2025. The 5 major changes are: 1. 3-day automatic GST registration: A new, technology-driven system allows for automatic electronic GST registration within three working days for low-risk applicants. This is available for businesses whose B2B output tax liability is under ₹2.5 lakh per month. 2. Faster refunds for exporters: A new risk-based provisional refund mechanism allows exporters and SEZ suppliers to get up to 90% of their GST refund provisionally after a system-driven check. 3. Faster refunds for inverted duty structure: Businesses with an inverted duty structure will also benefit from a new provisional refund mechanism, similar to the one for zero-rated supplies. 4. Credit note management: A "Pending" option has been added to the GST Invoice Management System (IMS) for credit notes. This provides flexibility in managing input tax credit (ITC) reversals and helps minimize reconciliation issues between suppliers and recipients. 5. Three-year deadline for GST returns: A strict three-year time limit is now in effect for filing pending GST returns, including GSTR-1, GSTR-3B, and GSTR-9/9C. This applies to returns for financial years 2024–25 and onwards. #gst #motivation #gstdose #goodsandservicestax #gstlatestupdate #facts #indirecttax #tax #gstrates #gstregistration #gst #business #refund #export #exportready #refundprocess #job #placement #students #gstreforms2025 #gst2.0 #taxationinindia #taxation #taxplanning #tax @Taxdidi @TAXFILINGINDIA @TAXFILINGINDIA @TaxationIndia @TaxationIndia #live #motivation #license #gstlatestupdate #gstrates #tax #facts #goodsandservicestax