The 57th GST Council meeting has been postponed from September 12 to October 7 due to a scheduling clash with the BRICS Summit.
The summit is expected to bring together leaders from the expanded BRICS bloc, which now includes Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, the UAE and, since 2025, Indonesia as well.
Given the scale of arrangements such a gathering demands, officials found it logistically difficult to hold both events around the same dates.
An officers’ meeting will now take place on October 5 and 6, ahead of the Council’s session on October 7.
This will mark the first time the Council, chaired by Finance Minister Nirmala Sitharaman along with state finance ministers, has met in over a year.
Its last sitting was on September 3 and 4, 2025, when it approved a major overhaul of GST rates, moving from four tax slabs to a simpler two-tier structure of 5% and 18%, with a 40% rate reserved for luxury and sin goods.
That change took effect from September 22, 2025. At the upcoming meeting, the Council is likely to take up the question of simplifying GST registration for businesses that pass on tax credit exceeding βΉ2.5 lakh a month.
Right now, there’s no consistent process across central and state GST offices for handling registrations at this scale, which has left many larger businesses uncertain about what to expect.
Automation of the registration cancellation process is also expected to come up for discussion.
This follows on from a scheme the Council approved last September for small and low-risk businesses, which allows them faster registration either through automatic system identification or self-assessment, provided their monthly output tax liability stays under βΉ2.5 lakh.
That scheme has been running since November 1. India currently has around 1.68 crore businesses registered under the GST framework.
Ready to invest like a pro? Tradz by EquityPandit app equips you with 100+ Free tools and knowledge you need to succeed. Download the Tradz by EquityPandit app and gain access to daily stock lists and insightful market analysis and much more!
Live