GST gets softer touch
New Delhi, Oct 8: The GST Council on Thursday approved a sweeping overhaul of tax administration, removing GST officers' power to arrest taxpayers, raising the threshold for criminal prosecution to Rs 5 crore, and providing a faster 3-day refund for most claims. The council has approved an easier process for small suppliers to register on e-commerce platforms. This includes a simplified procedure for making changes to GST registration, a reduction in penalties, and the establishment of a committee of officials to address the transition towards invoice matching for input tax credit claims.
A…
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- pti
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- Friday, 9 October 2026, 6:22 am IST
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