customs notification
customs notification

Revised IGST Rates Announced for 2025 Shipments

What changed

CBIC has issued Notification No. 09/2025, revising the Integrated Goods and Services Tax (IGST) rates on certain goods. This update, effective from September 17, 2025, may alter the tax landscape for various imported and exported goods.

Why it matters for shipments

The change in IGST rates can impact the cost structure of shipments, affecting pricing and profitability. Importers and exporters dealing with specific goods should review the notification to understand the new tax implications. This is particularly relevant for those involved in high-volume trades where even small rate changes can have significant financial effects.

What to do next

1) Open the official notice here
2) Check whether your CTH, documents or policy line is touched
3) Ask Neo's CHA before changing Bill of Entry or Shipping Bill practice