The hidden cost of GST 2.0: India faces potential tax shock as compensation cess ends - Times of India
India’s indirect tax journey reached an important milestone in 2025. With the completion of GST 2.0, the full removal of the GST compensation cess, and Parliament’s approval of a new excise framework for demerit goods, the post-GST transition phase can now be said to be formally closed. From a structural standpoint, this is a success. The temporary scaffolding that once supported GST has been dism…