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A very important and relief news is coming for the common citizens of the country, mobile buyers and business world. In the coming few days i.e. on 12 September 2026, the 57th important meeting of the Goods and Services Tax (GST) Council is going to be held in the country’s capital New Delhi. Many such big and far-reaching decisions are likely to be taken in this high-level meeting, which will have a direct impact on the common man’s pocket and the Indian mobile market. Especially amid rising inflation, there is strong discussion that the government may consider reducing the GST rates on mobile handsets. Apart from this, to provide relief to the businessmen, approval may also be given to make the complex processes of GST return very simple and easy like Income Tax Return (ITR). Let us understand in detail the agenda of this upcoming meeting and every major thing related to it.
The next i.e. 57th meeting of the GST Council, the supreme body that regulates the indirect tax system in the country, has been called on 12 September 2026 in New Delhi. Earlier, the 56th meeting of the GST Council was held on September 3 last year, in which important decisions were taken to rationalize and abolish the 12 percent and 28 percent slabs by making several major changes in the tax structure. Now once again the eyes of businessmen, industry leaders and common consumers across the country are fixed on this upcoming meeting. This meeting will be chaired by the Union Finance Minister, in which Finance Ministers and representatives of all the states will participate and brainstorm on the country’s economic interests and tax reforms. It is expected that this meeting can provide many big gifts to the tax payers and various sectors of the country.
At present, many economic challenges are facing India’s mobile market and manufacturing sector. During the last one year, there has been a huge increase in the prices of semiconductor chips and memory in the global market. According to official data and market experts, chip and memory prices have increased by more than 400 percent in the last one year. Due to this huge cost increase, there has been a direct increase in the manufacturing cost of smartphones and other mobile handsets, due to which the prices of mobile phones in the market have become expensive by about 20 percent. Due to this sudden increase in prices, the total sales of mobile handsets have also been negatively affected and there is a slowdown in demand.
Keeping this serious problem in mind, mobile handset manufacturers and industry associations have put forth a strong demand before the government and the GST Council. Manufacturers suggest that the current heavy GST of 18 percent on mobile phones should be directly reduced to 5 percent. If the council considers this demand in the meeting to be held on September 12 and takes a decision to cut the rates, then mobile phones can become much cheaper in the country in the coming days. This will not only provide great relief to the common consumers, but the sluggish mobile market is also expected to get a new boost and momentum.
Apart from mobile phone prices and tax rates, another biggest and important agenda of this upcoming 57th meeting is to simplify the process of GST Return. For the last few years, businessmen, entrepreneurs and tax consultants of the country have been continuously complaining that the current GST system and the rules related to Input Tax Credit (ITC) are very confusing. Businessmen have to face technical and paper problems in filing returns every month. The government is fully aware of these ground difficulties and preparations are underway to take a big step in this direction.
According to the information received from the sources, in the upcoming meeting on September 12, this proposal can be strongly placed that the filing process of GST return should also be made very simple, easy and user-friendly in the same way in which Income Tax Return (ITR) is filed nowadays. Along with this, it can also ensure timely payment of GST returns and refund process within a fixed and limited time frame. If this happens, the tax filing burden of small and big traders, MSME sector and startups of the country will be reduced to a great extent and ‘Ease of Doing Business’ will get a new dimension.
Overall, this 57th meeting of the GST Council to be held on 12 September 2026 can prove to be a milestone in terms of the country’s tax structure, market of technical products and ease of doing business. On one hand, the government wants to make the dream of Digital India more accessible to the common man by reducing the tax burden on expensive mobile phones, while on the other hand, it is moving towards making tax compliance transparent and easy by simplifying the return process for traders. Now it remains to be seen what final decision the Council officially takes on these proposals in this much-awaited meeting to be held on September 12 and how much relief it brings to the people and the market of the country.