The Big Bang Reforms: GST 2.0

Published On: 15/09/2025

Practice Area: Tax

Authors:

The 56th Goods and Services Tax Council meeting held in New Delhi, on September 3, 2025, marked the launch of next-generation Goods and Services Tax reforms. The GST Council made several recommendations, the star of which was the implementation of a two-tiered GST rate structure along with rate rationalization on various goods and services. Key recommendations including operationalisation of the GST Appellate Tribunal, streamlining refunds and returns processes amongst others. In this news-alert CMS INDUSLAW’s Shashi Mathews, Rajitha Nair and Yashika Soni provide a summary of some of the important recommendations proposed by the GST Council, along with their views on the same.