CBIC Asks Stakeholders Not to Spread Rumours About GST Rates
The Central Board of Indirect Taxes and Customs (CBIC) has recently shared a post on platform X, asking the public and the media to avoid making guesses or spreading fake news about the upcoming changes in GST.
The board has also made it clear that the decision about the GST rates is only made by the GST Council, which includes both the Central Government and all State Governments. Therefore, the media and public should not spread rumours about the GST rate changes.
Spreading unofficial news before any official announcement can create confusion among businesses and consumers. It can also result in unnecessary panic or volatility in the markets.
To avoid such situations, CBIC has asked the stakeholders to wait until the official updates come out. These will be shared after the GST Council meeting, which is scheduled for 3rd and 4th September 2025.
