GST Ver 2.0 Reform and Reality

India’s biggest indirect tax reform since 2017 is here effective yesterday the 22nd Setpember 2025. Simplified slabs, cess removal, and rationalised rates promise growth and ease of doing business. But with opportunity comes turbulence — working capital stress, ITC mismatches, and consumer price confusion are real. A quick snapshot of 12 points by J the App by JustIDT, that may prove to be painful and managing this well will decide how well GST 2.0 delivers on its promise.