Key Recommendations of the 56th GST Council Meeting

The 56th GST Council meeting, held in New Delhi on September 3, 2025, focused on a strategic overhaul of the GST framework. The recommendations, aimed at benefiting the common person, farmers, and various industries, are centered around rate rationalization, trade facilitation, and compliance streamlining. The council approved a new, simpler two-rate structure of 5% (Merit Rate) and 18% (Standard…