The government will assess the impact of recent tax concessions on its indirect tax revenues at the start of the new financial year as it weighs the fallout of the West Asia conflict on the economy, officials said. It marginally exceeded the revised estimates for indirect taxes in FY26. The review will factor in revenue implications from duty relief measures announced to cushion industries from supply disruptions, alongside broader economic effects stemming from the geopolitical tensions, they said. “Looking at the scenario…global disruptions and the headwinds we would need to sit and so some sort of analysis, particularly on the customs side,” an official said.