.4 minutes reviewed Last Improved: Sep 04 2024|12:12 AM IST.The all-powerful Item and Companies Income Tax (GST) Council, at its upcoming meeting on September 9, is actually expected to supply a roadmap for the settlement cess that are going to likely proceed "well right into" 2025-26 (FY26), as well as also cover whether it must become switched out along with a tax obligation or a cess, mention authorities representatives.An internal assessment, these authorities uncover, proposes that the compensation cess needs to proceed till FY26 to meet the estimated shortfall of Rs 1.37 mountain as of March 2025.The GST Authorities, moved through Union Money Minister Nirmala Sitharaman as well as with all condition financial ministers as its own participants,.