Thereafter, with the approval of the GST Implementation Committee, the Goods and Services Tax Settlement of Fund Rules, 2026 were notified and published in the Gazette on 30 March 2026 incorporating the Committee’s recommendations, and the recommended SOP has also been implemented. A Standard Operating Procedure (SOP) for addressing abnormal reversals of Input Tax Credit (ITC), which have been contributing to irregularities in the settlement process. Specifically, STL 1.06 which primarily covers domestic ineligible credit and STL 1.10 which pertains to ineligible credit relating to imports, were approved for merger. The report of findings of the Committee of Officers was presented before the GST Council in its 55th meeting. Subsequently, with the approval of GST Implementation Committee, Goods and Services Tax Settlement of Fund Rules, 2026 were notified and published in the Gazette on 30th March, 2026 incorporating the recommendation of the Committee of Officers.