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GST Council to comply with on Sept 9 payment roadmap might stretch into FY26 Economic Condition &amp Plan Updates

.4 minutes read through Last Updated: Sep 04 2024|12:12 AM IST.The all-powerful Product and Companies Tax (GST) Authorities, at its own upcoming meeting on September 9, is actually anticipated to supply a roadmap for the compensation cess that will likely proceed "properly in to" 2025-26 (FY26), and likewise go over whether it ought to eventually be replaced along with a tax or a cess, claim authorities officials.An internal assessment, these officials uncover, suggests that the settlement cess needs to have to continue till FY26 to comply with the estimated shortage of Rs 1.37 mountain as of March 2025.The GST Council, moved by Union Financing Minister Nirmala Sitharaman and with all state financial ministers as its participants,.