13 hrs ago
October GST Council to Prioritise Process Reforms, FM Says
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.
Finance Minister Nirmala Sitharaman said the October GST Council meeting will focus on process reforms.
The October 7 meeting is expected to address e-invoicing, litigation and input tax credit issues.
The Council may consider simpler GST registration for businesses claiming more than Rs 2.5 lakh in monthly tax credit.
Sitharaman urged industry to identify outdated or problematic tax provisions rather than only seek lower rates and exemptions.
She said customs, cryptocurrency and space-sector taxation also require continued policy attention.
- Who
- Finance Minister Nirmala Sitharaman, the GST Council, tax professionals and industry representatives.
- What
- The GST Council will discuss process reforms, including e-invoicing, litigation, input tax credit and registration procedures.
- Where
- Sitharaman made the announcement at an International Tax Research and Analysis Foundation conference in Bengaluru; the Council meeting location was not specified.
- When
- The meeting is scheduled for October 7, 2025, during the first week of October.
- Why
- The government wants the tax system to evolve with the economy and avoid creating barriers to investment, innovation and growth.
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











