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GST 2.0 set to amplify ease, unlock tax credit

Posted on October 5, 2026
By Business News Today
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GST 2.0 set to amplify ease, unlock tax credit

India is set to implement significant reforms to the goods and services tax system, which will ease compliance. Changes may include the release of accumulated input tax credit that benefits various industries and supports growth. The GST Council plans to reconsider tax treatment for certain supplier defaults to protect genuine buyers.