Monday, December 29, 2025
10.1 C
New Delhi

GST Council To Hold Key Meeting On September 3, 4: Two-Rate Structure Likely On Agenda

Curated By :

Last Updated:

The 56th GST Council meeting will be held in New Delhi on September 3 and 4, 2025, to discuss shifting to a two-slab GST structure.

Click to add News18 as a preferred source on Google
font

In addition, an Officers’ Meeting will be held on 2nd September, 2025 at New Delhi. (File)

In addition, an Officers’ Meeting will be held on 2nd September, 2025 at New Delhi. (File)

The 56th meeting of the Goods and Services Tax (GST) Council will be held on September 3 and 4, 2025, in New Delhi, a notification by the GST Council issued on Friday stated.

The meeting will begin at 11 am on both days, according to a communication issued to members.

Recommended Stories

As per the notification, ahead of the Council deliberations, an Officers’ Meeting will take place on September 2, 2025, in the national capital.

The agenda for both meetings, along with details of the venue, will be shared later, the communication said.

The meeting will come amid the Centre’s big push to reform the indirect taxation regime’s structure into two slabs, from four at present.

The council, comprising finance ministers of all states and UTs besides the Centre, will deliberate on the recommendations by the three GoMs on rate rationalisation, compensation cess and health and life insurance. The GoM, comprising state ministers, met earlier this week and, in principle, agreed to the Centre’s proposal for a two-slab GST, reported news agency PTI.

As per sources, the finance ministry has proposed to have two slab rates – 5% and 18% against the current four-slab structure. Majority of commodities of the common man uses will be under 5% (99 percent of items in 12% slab category will go to 5 percent) and 90 percent of items in 28 percent to be accommodated in 18% slab.

The Centre has also proposed a new rate of 40% with specific sin and ultra luxury goods in it. However, several states raised the issue of revenue loss and highlighted the need for continued compensation to states.

Currently, GST is a four-tier tax structure of 5, 12, 18 and 28 per cent, where essential items are either exempted or taxed at the lower tax bracket, while demerit and luxury items at the highest slab. Besides, a compensation cess is levied at varied rates on demerit and luxury items like pan masala and cars.

The GST Council, chaired by the Union Finance Minister and comprising representatives from all states and Union Territories, is the apex decision-making body for indirect tax matters in India.

About the Author

authorimg
Shobhit Gupta

Shobhit Gupta is a sub-editor at News18.com and covers India and International news. He is interested in day to day political affairs in India and geopolitics. He earned his BA Journalism (Hons) degree from Ben…Read More

Shobhit Gupta is a sub-editor at News18.com and covers India and International news. He is interested in day to day political affairs in India and geopolitics. He earned his BA Journalism (Hons) degree from Ben… Read More

News india GST Council To Hold Key Meeting On September 3, 4: Two-Rate Structure Likely On Agenda
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Loading comments…

Read More

Go to Source

Hot this week

‘Israel would not exist today without Netanyahu’: Trump praises Israeli PM at Mar-a-Lago

Israel would not exist today if Benjamin Netanyahu were not the country’s prime minister, US President Donald Trump said during a meeting with the Israeli leader outside his Mar-a-Lago residence in Florida. Read More

‘Your vote will mean nothing’: Elon Musk claims ‘radical left’ is using immigration to take over US elections

Billionaire Elon Musk is back again on X with another controversial opinion, this time about two of the most vital and hot topics of American democracy, immigration and elections. Read More

‘I have two jobs’: Donald Trump reveals his ‘construction job’ and why he’s renovating the White House

It seems Donald Trump has other jobs along with serving as the President of the United States of America. It is well-known information that the 79-year-old was a successful real estate developer before descending into politics. Read More

‘Hotness should get an exemption’: Elon Musk makes bizarre comment over deportation of Danish teen

Ever since buying X (Formerly Twitter), Elon Musk has been on a never-ending posting stroll. From politics to personal opinions, he has used the platform to raise all kinds of thoughts and voices. Read More

Ilhan Omar is worth $30 million? Husband Tim Mynett’s ventures reveal shocking financial rise

Congresswoman Ilhan Omar insists she is “not a millionaire” even as reports suggest her net worth, along with her husband Tim Mynett’s, could be as high as $30 million. Read More

Topics

‘Israel would not exist today without Netanyahu’: Trump praises Israeli PM at Mar-a-Lago

Israel would not exist today if Benjamin Netanyahu were not the country’s prime minister, US President Donald Trump said during a meeting with the Israeli leader outside his Mar-a-Lago residence in Florida. Read More

‘Your vote will mean nothing’: Elon Musk claims ‘radical left’ is using immigration to take over US elections

Billionaire Elon Musk is back again on X with another controversial opinion, this time about two of the most vital and hot topics of American democracy, immigration and elections. Read More

‘I have two jobs’: Donald Trump reveals his ‘construction job’ and why he’s renovating the White House

It seems Donald Trump has other jobs along with serving as the President of the United States of America. It is well-known information that the 79-year-old was a successful real estate developer before descending into politics. Read More

‘Hotness should get an exemption’: Elon Musk makes bizarre comment over deportation of Danish teen

Ever since buying X (Formerly Twitter), Elon Musk has been on a never-ending posting stroll. From politics to personal opinions, he has used the platform to raise all kinds of thoughts and voices. Read More

Ilhan Omar is worth $30 million? Husband Tim Mynett’s ventures reveal shocking financial rise

Congresswoman Ilhan Omar insists she is “not a millionaire” even as reports suggest her net worth, along with her husband Tim Mynett’s, could be as high as $30 million. Read More

Akshay says ‘You still hit me harder’ as he wishes wife Twinkle

In a delightful birthday shout-out, Akshay Kumar celebrated his wife Twinkle Khanna, cheekily remarking on her remarkable skill of ‘taking him down’ with just a glance or a deft kick, showcasing their playful chemistry. Read More

Neha Bhasin on decision to not have kids: ‘Hum apni moh-maya…’

Singer Neha Bhasin and producer Sameer Uddin revealed their personal choice to remain childfree, emphasizing that legacy isn’t solely biological. They expressed a desire to end worldly attachments with themselves. Read More

Ex-BRS MLA, a German citizen, still draws pension from House

Chennamaneni Ramesh (left) with BRS president KCR (File photo) Hyderabad: A year after Telangana HC declared that former BRS MLA Chennamaneni Ramesh was not an Indian citizen and imposed a Rs 30 lakh fine on him for concealing his G Read More

Related Articles