.4 minutes read Last Updated: Sep 04 2024|12:12 AM IST.The all-powerful Product and also Provider Tax Obligation (GST) Council, at its upcoming meeting on September 9, is actually expected to offer a roadmap for the compensation cess that will likely proceed "effectively in to" 2025-26 (FY26), and likewise explain whether it should eventually be replaced with a tax or even a cess, claim government authorities.An internal assessment, these representatives expose, recommends that the compensation cess needs to continue till FY26 to meet the approximated deficiency of Rs 1.37 trillion since March 2025.The GST Council, moved by Union Money Official Nirmala Sitharaman as well as with all state financial administrators as its members,.