July 2025 has brought significant changes in India’s GST framework, directly impacting businesses, tax professionals, and accounting students. As one of the leading accounting course providers in Kerala, KAMS Education (Kollam & Kayamkulam) ensures our learners stay updated with all major regulatory shifts. Here’s a snapshot of what’s new this month:
1. Major GST Compliance Changes from July 2025
From July 1, 2025, businesses are no longer allowed to file GST returns older than three years. This affects key forms like GSTR‑1, GSTR‑3B, GSTR‑4, and IFF.
Also, once a GSTR‑3B is submitted, it will be auto-locked, meaning no further amendments can be made. These changes demand error-free GST return filing and accurate data reconciliation, raising the importance of professional training in GST software, Tally, and accounting compliance—core areas covered in KAMS Accounting Diploma programs.
2. GST Collection Sees Stable Growth
Despite economic uncertainty, India’s GST revenue hit ₹1.96 lakh crore in July 2025, a 7.5% year-on-year increase.
Notably, Kerala’s GST contribution crossed ₹2,721 crore, showing 9% growth over July 2024. These figures reflect the rising importance of compliance professionals across India and especially in Kerala’s SME sector.
3. GST Slab Restructuring on the Horizon
The Prime Minister’s Office (PMO) has approved a proposed restructuring of GST slabs, including removal of the 12% slab. The GST Council is expected to review and approve these changes soon, paving the way for simplified tax structures.
What This Means for Accounting & GST Students
At KAMS Education, we integrate the latest tax reforms into our curriculum, ensuring students in Kollam, Kayamkulam, and Trivandrum are prepared for evolving job market demands. Whether you pursue:
- Accounting + SAP or QuickBooks modules
