The Maharastra Goods and Services Tax (Amendment) Bill, 2025, was introduced in the state legislative assembly on Thursday by Minister of State for Finance Ashish Jaiswal, aiming to harmonize the Maharashtra GST Act, 2017, with the Central Goods and Services Tax (CGST) Act, as amended by the Finance Act, 2025, passed in March. The bill, tabled under the Devendra Fadnavis-led government, incorporates 13 proposed changes to enhance uniformity, transparency, and taxpayer-friendliness.
The amendments address key areas such as input service distributors, time of supply, input tax credit distribution, simplified appeals processes, and tracking mechanisms. They also include updates for Special Economic Zones (SEZs) and Free Trade Warehousing Zones (FTWZs). A significant relief measure reduces the pre-deposit for appeals involving only penalty demands to 10% of the disputed amount.
“These reforms go beyond technical adjustments, focusing on improving efficiency and user experience within the GST system,” Jaiswal stated, emphasizing the bill’s role in streamlining compliance and fostering a more effective tax regime.
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The initiative aligns with recommendations from the 55th GST Council meeting, ensuring consistency between state and central GST frameworks, as confirmed by recent reports on the bill’s approval by the Maharashtra Cabinet for the upcoming legislative session.
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