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GST Authorities to meet on September 9 settlement roadmap might stretch into FY26 Economy &amp Policy Headlines

.4 min went through Last Upgraded: Sep 04 2024|12:12 AM IST.The all-powerful Item and also Companies Tax (GST) Council, at its own upcoming conference on September 9, is actually anticipated to offer a roadmap for the payment cess that will likely continue "properly into" 2025-26 (FY26), and also discuss whether it needs to become switched out along with a tax or even a cess, say government authorities.An interior analysis, these officials disclose, suggests that the compensation cess needs to have to carry on till FY26 to comply with the estimated shortage of Rs 1.37 mountain since March 2025.The GST Council, moved by Union Financing Minister Nirmala Sitharaman as well as along with all state financial administrators as its members,.

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