GST Council Meeting: Expert Analysis On Key Highlights, Gst Rate Rationalization & Online Gaming Tax

In the latest GST meeting chaired by FM Sitharaman, the council has decided to set up a new GoM on GST rate reduction on medical health insurance, the report for which is expected by end of October. GST Council has also decided to form a Group of Ministers, which will decide on how to move forward on compensation of cess which will cease after March 2026. The council has also lowered rates on certain cancer drugs and namkeens while increasing rate on car seats. We caught up with Mahesh Jaising at Deloitte India to decode the key takeaways from the GST meet. Listen in to this interesting conversation!

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