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Continued Implementation of Next-Generation GST Reform

  • The 57th GST Council Meeting on October 8, 2026, advanced India’s “Next-Generation GST Reform,” building on the 2025 reform focused on rate rationalization.
  • The reform implementation includes measures to simplify GST compliance and rationalize input tax credit provisions.
  • It also aims to improve export procedures and refund processing.
  • A further objective is to promote technology-driven tax administration.

Source: kpmg.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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