https://www.taxtmi.com/article/detailed?id=15716 The government amended GST rate schedules to reclassify and increase rates for specified tobacco products and pan masala and omitted a 14% schedule, effective 01.02.2026; reduced the Compensation Cess rate to nil for listed goods from the same date; and reintroduced a capacity-based excise duty regime for certain chewing tobacco products, with rules for capacity determination and duty collection effective 01.02.2026. GSTAT revoked staggered-appeal filing and allocated benches to members, while GSTN issued validation rules and FAQs for Electronic Credit Reversal and RCM Liability/ITC statements restricting negative balances and tying reclaimed ITC and RCM claims to ledger and GSTR-3B entries. en-us Sat, 10 Jan 2026 08:27:55 +0530 Sat, 10 Jan 2026 08:27:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15716 The government amended GST rate schedules to reclassify and increase rates for specified tobacco products and pan masala and omitted a 14% schedule, effective 01.02.2026; reduced the Compensation Cess rate to nil for listed goods from the same date; and reintroduced a capacity-based excise duty regime for certain chewing tobacco products, with rules for capacity determination and duty collection effective 01.02.2026. GSTAT revoked staggered-appeal filing and allocated benches to members, while GSTN issued validation rules and FAQs for Electronic Credit Reversal and RCM Liability/ITC statements restricting negative balances and tying reclaimed ITC and RCM claims to ledger and GSTR-3B entries. Articles Goods and Services Tax - GST Sat, 10 Jan 2026 08:27:55 +0530 https://www.taxtmi.com/article/detailed?id=15716