.4 minutes read Final Updated: Sep 04 2024|12:12 AM IST.The all-powerful Item and also Services Income Tax (GST) Council, at its own upcoming conference on September 9, is actually assumed to offer a roadmap for the compensation cess that will likely continue "properly into" 2025-26 (FY26), and also discuss whether it must become replaced along with a tax obligation or even a cess, mention government representatives.An internal assessment, these authorities show, proposes that the settlement cess needs to have to proceed till FY26 to fulfill the predicted shortage of Rs 1.37 mountain as of March 2025.The GST Authorities, headed through Union Money management Official Nirmala Sitharaman and along with all condition finance administrators as its participants,.