With the compensation cess — which helped bind the Centre and states — set to expire in March 2026, the GST Council faces a critical dilemma: should it phase out the cess by merging it into GST rates, or transform it into new types of levies? Tax law expert and Khaitan & Co. partner Sudipta Bhattacharjee shares his views in our ‘GST@8’ series, marking eight years of GST in India.
