<h1>Finance Minister Announces GST Amendments to Ease Trade and Reduce Costs in 2024-25 Union Budget.</h1> The Finance Minister highlighted the success of the Goods and Services Tax (GST) in reducing tax burdens on citizens, compliance requirements, and logistics costs for businesses. During the 2024-25 Union Budget presentation, several amendments to GST laws were announced to facilitate trade. Key changes include excluding Extra Neutral Alcohol from central tax, empowering the government to address tax non-levy issues, extending deadlines for input tax credit and reduced penalty benefits, and lowering pre-deposit amounts for appeals. Additionally, the GST Appellate Tribunal will be empowered to handle anti-profiteering cases, with further simplifications and expansions planned for the tax structure.