Summary of 56th GST Council Decisions

The 56th GST Council meeting held on September 3, 2025, introduced several key changes in GST rates and compliance requirements. Notably, the council recommended a uniform GST rate of 5% for all drones, clarified the MRP revision process for medicines, and maintained existing GST rates for bricks and hotel accommodations under specific conditions. Additionally, it addressed exemptions for individual life and health insurance services, input tax credit (ITC) regulations, and the tax treatment for local delivery services through e-commerce operators.

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