Editorial: Softening the GST grip
After last year’s extensive rate rationalisation and reduction decisions, the 57th meeting of the GST Council has announced a slew of further reforms, including scrapping tax officials' power of arrest and raising the prosecution threshold from Rs 1 crore to Rs 5 crore. Other reforms include easing registrations, refunds, compliance, and service exports. For a long time, the GST regime relied on coercive enforcement, as the business community was viewed as more prone to evasion than compliance.
The system is finally taking baby steps towards a less coercive approach, which will be welcomed by…
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- Business
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- Saturday, 10 October 2026, 7:30 am IST
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