Archive · 2 Jun 2025
GST Council to Meet Soon, Discussing Tax Simplification
The GST Council, which includes the Union Finance Minister and state representatives, is planning a meeting.
They will talk about making the Goods and Services Tax (GST) easier by simplifying tax rates.
They'll also decide what to do with a special tax called the compensation cess.
This tax was used to help states and the council is deciding if it should be used, or shared between the Centre and states, in the future.
GST Council to meet soon to discuss tax simplification and rate rationalisation.
The meeting will also address the future of the compensation cess.
The GST Council is chaired by the Union Finance Minister and includes state representatives.
Two GoMs are yet to submit their final report on rate rationalisation.
The GoM on Compensation Cess is reviewing the cess beyond March 2026.
- Who
- GST Council
- What
- Discussing tax rate rationalisation, simplification, and compensation cess
- When
- Likely to meet soon
- Where
- Not explicitly stated
- Why
- To simplify GST and address compensation cess
Not Applicable
Government
Compensation Cess
Not Applicable
Not explicitly stated.
Government
How to retain cess revenue and share it between Centre and states.
- Council Chair
- Union Finance Minister
- Key Topics
- Rate rationalisation, simplification, cess
- Cess End Date
- March 2026 (being reviewed)
Sources
GST rates may change soon as fresh revamp talks begin: Report
Fresh talks begin for GST revamp with new rates
GST council to meet soon to discuss rate rationalisation, compensation cess future
GST council set to convene soon; tax simplification, compensation cess likely on agenda
GST Council may meet soon, discuss rate rationalisation
