GST Council meeting delay sparks policy vacuum and industry uncertainty
Published in The Hindu Businessline | July 2025
Neha Shrivastava, Associate Partner, Indirect Tax at Forvis Mazars in India, said the more than six-month delay in convening the GST Council meeting is generating a significant policy vacuum.
Industries across various sectors, including insurance, logistics, drones, and online gaming, are in a state of uncertainty, awaiting crucial rate decisions and exemptions. The continued deferment of rate rationalisation is also fuelling classification disputes.
Shrivastava noted, “Key issues awaiting decisions, such as ITC eligibility on CSR spending, taxability of gaming and cryptocurrency, and e-commerce treatment, await the Council’s action. Moreover, the lack of a GST Appellate Tribunal and the uncertainty surrounding service exports are dampening compliance and delaying the settlement of disputes.”
