The clearance by the Goods and Sales Tax (GST) Council at the 56th GST Council meeting on September 3, 2025 of the GST reforms has transformed India’s indirect tax framework. As this writer engages with industry leaders, both big and small, the more I realise the depth of this change, which compels me to write again on the subject, unfolding its newer dimensions.

This is a historic stride in simplifying the GST. Having worked on indirect taxes for decades, I can say with confidence that the scale of reform, and its implications for consumers, micro, small, and medium enterprises (MSME), industry and the wider economy, are immense.

Consistent advocacy

From the moment the reforms were announced, the Confederation of Indian Industry (CII) moved quickly. Its advocacy on GST 2.0, since Decem

See Full Page