Kolkata to host 57th GST Council meet next month; GST 2.0 reforms on table
The 57th GST Council meeting, likely in Kolkata in late July, may advance GST 2.0 reforms including inverted duty structure fixes and rate rationalisation between 5% and 18% slabs. Outcomes carry direct compliance and pricing implications for Indian retail and manufacturing.
Kolkata likely to host the 57th GST Council meeting in late July, potentially advancing GST 2.0 reforms including inverted duty structure fixes and rate cuts, with implications for Indian retail and manufacturing tax compliance.
Why this matters
Meeting follows industry calls for faster GST refunds and uniform audits as the tax regime hits 9 years, with Deloitte's GST@9 survey flagging refund delays affecting 77% of businesses.
Retail-company signals steady at 3,899 over the last 90 days.
Also reported by
- BL · Consumer & Economy — Same time