.4 min went through Final Updated: Sep 04 2024|12:12 AM IST.The all-powerful Product as well as Services Income Tax (GST) Council, at its own upcoming conference on September 9, is assumed to give a roadmap for the compensation cess that are going to likely continue “properly into” 2025-26 (FY26), and likewise explain whether it should eventually be switched out with a tax or a cess, mention government officials.An internal evaluation, these officials reveal, suggests that the compensation cess needs to have to proceed till FY26 to meet the predicted shortage of Rs 1.37 trillion since March 2025.The GST Authorities, headed by Union Money Official Nirmala Sitharaman and also with all state money administrators as its members,.