LatestIncome Tax 11 September 2026
Gujarat Assembly Approves GST Refund Amendment and Livestock Feed Bills
The Gujarat Assembly has passed an amendment to Section 54 of the GST Act that eliminates the threshold for refund claims on exported goods, allowing exporters to claim refunds on any amount paid. In the same session, the legislature cleared new livestock feed regulation bills that introduce stricter standards and oversight for feed production and distribution, aiming to boost export competitiveness and improve industry regulation.
The Gujarat Assembly has approved a key amendment to Section 54 of the GST Act, eliminating the threshold for refund claims on exported goods where tax was paid. This change enables exporters to claim refunds on any amount, streamlining cash flow.
- Refund threshold removed – exporters can now claim GST refunds regardless of shipment value.
- Livestock feed regulation bills cleared – new standards and oversight for feed production and distribution.
The moves were passed unanimously, aiming to boost export competitiveness and strengthen regulation of the livestock feed sector. Read the full report
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