https://www.taxtmi.com/news?id=56904 Next-generation GST reforms implemented on September 22 are described as structural changes to simplify tax administration by streamlining GST registration, accelerating refunds for MSMEs, and reducing tax disputes. The reforms include rate rationalisations that lower effective GST incidence on consumer goods and vehicles, yielding reduced consumer prices and decreased tax burdens for households, farmers and small businesses compared to the pre-GST era. en-us Thu, 25 Sep 2025 15:31:03 +0530 Thu, 25 Sep 2025 15:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=56904 Next-generation GST reforms implemented on September 22 are described as structural changes to simplify tax administration by streamlining GST registration, accelerating refunds for MSMEs, and reducing tax disputes. The reforms include rate rationalisations that lower effective GST incidence on consumer goods and vehicles, yielding reduced consumer prices and decreased tax burdens for households, farmers and small businesses compared to the pre-GST era. News - Thu, 25 Sep 2025 15:31:03 +0530 https://www.taxtmi.com/news?id=56904