Tamil Nadu News

IGST settlement report

September 9 , 2025 17 hrs 0 min 74 0

Tamil Nadu participated in the 56th meeting of the Goods and Services Tax (GST) Council held in New Delhi.
Finance Minister Thangam Thennarasu highlighted the need to implement the Committee of Officers’ report on Integrated Goods and Services Tax (IGST) settlement.
The GST Council agreed to implement the IGST settlement report in full before the end of December 2025.
The Council has also recommended to extend the period of levy of compensation cess on sin goods for two to three months beginning October 31 this year.