Decoding India’s Goods and Services Tax 2.0: What it Means for Your Business

India’s GST framework is entering a critical phase of reform. The 56th GST Council meeting has introduced the most comprehensive changes since 2017, extending beyond rate rationalisation to directly affect profitability, cash flows, and compliance exposure. GST 2.0 features a simplified two-rate system of 5% and 18%, with exemptions for essentials, while introducing a 40% rate for sin and luxury goods. By replacing the earlier multi-slab structure, the new framework is expected to ease tax filing, improve revenue flow, and enhance the overall ease of doing business in India

For businesses, the reforms make it essential to reassess product and service classifications, review tax incidence under revised schedules, and evaluate implications for pricing and contractual obligations. Proactive impact assessments will help businesses stay compliant, optimise costs, and mitigate operational risks.

Join our webinar on October 17, where our experts Ankur Munjal, Country Director – India, and Krishan Aggarwal, Operations Director – India, will provide a detailed analysis and actionable guidance for foreign businesses navigating India’s GST 2.0.

Our experts will cover the following:

• Journey from GST to GST 2.0: Why Now and Why It Matters
• Sectoral Impact Highlights – FMCG, Automobile, Pharma, Energy, and Services
• Changes to GST Rate Structure and Transitional Provisions
• Export Intermediary Services: Key Relief for Exporters
• Compliance Roadmap and Action Plan for Businesses
• Q&A

If you would like to get in touch with the speaker, or have any questions regarding this event, please contact Ashna Kohli, International Business Advisor at ashna.kohli@dezshira.com