The Goods and Services Tax (GST) Council will maintain its 56th assembly on September 3-4 in New Delhi, the Council stated in a memorandum issued on Friday (August 22, 2025) night time.
During this assembly, the GST Council is predicted to focus on the suggestions of the assorted Groups of Ministers it has constituted, together with the difficulty of reforming the GST system right into a two-rate construction according to the Central Government’s suggestions.
Prime Minister Narendra Modi had in his Independence Day speech spoken concerning the Centre’s “Deepavali gift” of subsequent technology GST reforms. Later that very same day, the Ministry of Finance stated it had despatched its proposals for a two-rate GST system to the GoM on Rate Rationalisation.
The chairperson of this GoM — Bihar Deputy Chief Minister Samrat Chaudhary — on Thursday (August 21) stated that the GoM had deliberated on the difficulty and had forwarded the Centre’s proposals to the GST Council.
The GST Council, nevertheless, shouldn’t be anticipated to approve the proposals with out appreciable debate. On Thursday (August 21, 2025), Kerala Finance Minister Okay.N. Balagopal, a member of the GoM, advised The Hindu that the States had been involved concerning the income implications of Centre’s charge lower proposals.
He added that the GoM had prompt to the GST Council that, if the States incur any losses due to this charge rationalisation, there must be a mechanism to compensate them.
The GST Council’s 56th assembly will happen greater than eight months after the final one in December 2024. According to the foundations, the Council is to meet not less than as soon as 1 / 4.
