Daijiworld Media Network - New Delhi

New Delhi, Sep 7: The 57th meeting of the Goods and Services Tax (GST) Council, earlier scheduled for September 12, is likely to be held on October 7 in New Delhi, sources said on Sunday.

The meeting was postponed as its earlier date coincided with the BRICS Leaders' Summit scheduled for September 12 and 13. An email sent to the Finance Ministry seeking confirmation remained unanswered at the time of publication.

An official notification confirming the revised date is yet to be issued. According to sources, the venue is likely to remain New Delhi. Preparatory meetings of GST officers have been scheduled for October 5 and 6, with the first meeting set to begin at 3 pm on October 5 and the second at 11 am on October 6.

The upcoming meeting will be the first GST Council meeting in more than a year. The 56th meeting, held on September 3 and 4, 2025, approved the GST 2.0 overhaul.

Under the overhaul, most goods and services were moved to two principal tax slabs of 5 per cent and 18 per cent. The Council also introduced a special 40 per cent rate for a limited range of demerit and luxury goods, replacing the earlier 28 per cent slab along with compensation cess on those items. The revised rates came into effect on September 22, 2025.

The October meeting is expected to take up several pending issues concerning input tax credit (ITC), refunds and GST compliance. These include proposals to ease restrictions on certain ITC claims and address the accumulation of credits under the inverted duty structure, among other matters.

The GST Council is chaired by Union Finance Minister Nirmala Sitharaman and comprises finance ministers from all states and Union Territories.

Under its rules, the Council is required to meet at least once every quarter. However, meetings have occasionally been held after longer intervals.