https://www.taxtmi.com/news?id=54629 The GST administration is coordinating with industry for software and ERP upgrades to enable the rollout of a restructured GST rate framework later this month. Dealers with accumulated input tax credit on inputs where rates are reduced may claim and use that credit to pay tax liabilities under the new rates when making supplies and filing returns, though a brief period of ITC accumulation and a short-term dip in monthly collections is expected. en-us Thu, 04 Sep 2025 17:46:03 +0530 Thu, 04 Sep 2025 17:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=54629 The GST administration is coordinating with industry for software and ERP upgrades to enable the rollout of a restructured GST rate framework later this month. Dealers with accumulated input tax credit on inputs where rates are reduced may claim and use that credit to pay tax liabilities under the new rates when making supplies and filing returns, though a brief period of ITC accumulation and a short-term dip in monthly collections is expected. News - Thu, 04 Sep 2025 17:46:03 +0530 https://www.taxtmi.com/news?id=54629