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GST Reforms 2025 : FAQ ' s

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Frequently Asked Questions

The revised GST rates will be applicable from 22nd September 2025 (or as per the official government notification).

The change will apply only to the specific goods and services notified by the Government. Please refer to the official GST notification for the updated list.

Using outdated GST rates may lead to:
  • Mismatch in GST returns
  • Incorrect tax collection
  • Penalties or notices from the GST department

Yes. The correct tax rate must be reflected in invoices and subsequently in your GST returns, otherwise it may create reconciliation issues.

No. The new GST rate applies only to invoices generated after the effective date. Past invoices will remain unchanged.

In Marg ERP, the users can update the GST rates in three ways:
  1. GST Tax Rates – The user can change the Tax Rate in all Items.
  2. HSN Master – Change the tax rate directly in selected HSN Master. (Select 'Yes' to apply the change across all items in the Item Master.)
  3. Ease of GST Option – Press 'F6' key and update the tax rate from there.

If a Purchase was created before 22nd September 2025 and the Purchase Return is received after 22nd September 2025, then the GST rate will be applicable as per the New HSN Rates.

If a Purchase is made from any Party before 22nd September 2025 but the Supply is received after 22nd September 2025, then the applicable GST rate will be as per the date of supply (Old Tax Rates). In order to feed Old Tax Rate, the users needs to press F2 key while Billing.

In case the goods or services or both have been supplied before the change in rate of tax, and the invoice for the same has been issued after the change in rate of tax, then the time of supply i.e. date of liability to pay tax on such supply will be as follows:

  1. If the payment is received after the change in rate of tax, then time of supply shall be the date of receipt of payment or the date of issue of invoice, whichever is earlier.
  2. If the payment has been received before the change in rate of tax, the time of supply shall be the date of receipt of payment.

The GST rate will be determined as per the time of supply provisions. (Refer Section 14 of the CGST Act, 2017).

The e-way bill is to be generated before the start of supply/transport of goods. There is no mandatory requirement for cancellation and fresh generation of e-way bills for goods in transit when the new rates come into effect. E-way bills currently in transit will continue to remain valid as per their original validity period.

The principle behind the recent rate rationalisation exercise is to keep similar goods at the same rate to avoid issues of misclassification and disputes. This has also been applied to ‘other non- alcoholic beverages’.

The rate of 5% applies on all medical devices, instruments, apparatus used in medical, surgical, dental and veterinary uses other than that are exempted specifically.

The measure is intended to lower the cost of healthcare and thereby benefit patients, particularly the poor. This measure does not create any new inverted duty structure as the existing structure already had inverted duty structure although this measure may deepen the inversion. However, under GST, refund of accumulated input tax credit arising on account of inverted duty structure is available to manufacturers. GST Council has also recommended process reforms to enable expedited refunds.

The IGST on imported goods will be the GST rates as notified in the rate notification except where IGST rate has been exempted separately.

Businesses must ensure that all pending purchases, orders, and challans are cleared before applying the new GST rate.
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