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GST Council may end compensation cess
August 28, 2025
|Orissa POST
The Goods and Services Tax (GST) Council, scheduled to meet September 8, will likely discuss ending the compensation cess by October 31, ahead of schedule.
The GST compensation cess was set to end March 31, 2026. Discussions, however, have started to conclude the cess collection earlier, as the loans taken during the Covid-19 pandemic to compensate states for revenue shortfalls are approaching full repayment, according to multiple media reports.
The repayment is expected to be completed around October 18, but the government may extend the levy until the end of October for smooth operations.
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