.4 minutes reviewed Last Updated: Sep 04 2024|12:12 AM IST.The all-powerful Product and Companies Tax (GST) Council, at its own upcoming appointment on September 9, is anticipated to supply a roadmap for the settlement cess that will likely continue "effectively into" 2025-26 (FY26), and also cover whether it should become substituted with a tax or a cess, claim federal government officials.An internal assessment, these representatives disclose, recommends that the compensation cess needs to carry on till FY26 to satisfy the determined shortfall of Rs 1.37 trillion since March 2025.The GST Council, moved by Union Financing Minister Nirmala Sitharaman as well as along with all condition money management administrators as its own participants,.