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October GST Council to Prioritise Process Reforms, FM Says

October GST Council to Prioritise Process Reforms, FM Says
October GST Council meet to focus on process reforms: FM · financialexpress.com

India’s GST Council will meet in October to improve how the GST system works.

Finance Minister Nirmala Sitharaman said the meeting will mainly discuss process reforms, not new rate changes.

The meeting is expected to consider e-invoicing, tax disputes and input tax credits.

It may also discuss easier registration for some large businesses.

Sitharaman asked businesses to point out rules that should be removed or fixed.

She said the government is also working on customs reforms.

Taxing cryptocurrency is still being discussed with experts and other countries.

She said commercial space activities should be taxed, while space research and innovation may need gentler treatment.

The minister also warned that tariffs, wars and import challenges could make the next six months difficult for the economy.

Key facts

Meeting date
October 7, 2025
Main focus
GST process reforms
Expected topics
E-invoicing, litigation and input tax credit
Possible registration reform
Simplified GST registration for businesses with tax credit exceeding Rs 2.5 lakh per month
Current GST structure
5% and 18% tiers, plus a 40% rate for ultra-luxury and sin goods
Rate changes effective
September 22, 2025
Additional tax priorities
Customs reform, cryptocurrency taxation and space-sector taxation

Quotes

Nirmala Sitharaman

India’s Finance Minister

“GST 2.0 focused on rate rationalisation and also worked on process reforms. The process reform agenda was kept for the next meeting, which is now scheduled for the first week of October”
financialexpress.com

Sources

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