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    GST Council to hold 56th meeting on September 3-4 in New Delhi

    Synopsis

    The 56th GST Council meeting is scheduled for September 3 and 4, 2025, in New Delhi, commencing at 11 am each day. Prior to the Council meeting, an officers' meeting will take place on September 2 in New Delhi. The agenda and venue details for both meetings will be communicated to members subsequently, inviting their participation in the deliberations.

    GoM on rate rationalisation meets to discuss Centre's GST rate cut proposalANI
    GST Council Meet (Representational)
    The Goods and Services Tax (GST) Council will hold its 56th meeting on September 3 and 4, 2025, in New Delhi. The meeting will begin at 11 am on both days, according to a communication issued to members.

    Ahead of the Council meeting, an officers’ meeting is scheduled for September 2, also in New Delhi. The agenda for both meetings, along with details of the venue, will be shared later, the communication said.

    All members of the GST Council have been invited to participate in the deliberations.

    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 PTI.

    According to the reform proposed by the Centre to the GoMs, Goods and Services Tax (GST) should be a two-rate structure of 5 and 18 per cent, classifying goods and services as 'merit' and 'standard'. A special rate of 40 per cent will be levied on select few items like ultra-luxury cars and sin goods.

    Currently, GST is a 4-tier structure of 5, 12, 18 and 28 per cent.




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