The Central Board of Indirect Taxes and Customs (CBIC) has issued an advisory requesting people and media outlets to refrain from speculating on potential changes in GST rates.
The CBIC clarified that all decisions regarding GST are taken collectively by the GST Council, which comprises both the Centre and States.
Premature speculation, it cautioned, can lead to baseless rumours and create volatility in the markets.
The Board further advised stakeholders to await the official announcements that will be made after the GST Council meeting scheduled for 3 and 4 September, 2025.
|