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GST COUNCIL 57TH MEETING
GST must become an economic partnership, not just tax collection tool: CBIC chief Vivek ChaturvediVivek Chaturvedi, Chairman of CBIC, emphasized the importance of reducing compliance burdens for GST taxpayers. During a recent meeting, va...- Centre & states to draft rules for existing arrest cases under GSTThe Centre will collaborate with states to create standard procedures for handling arrest cases. Starting April 1, 2027, an invoice managem...
- GST officers will soon be allowed to stop vehicles for inspection only at origin & destination statesNew regulations will allow GST officers to halt vehicles carrying high-value goods only at their origin and destination. Prior authorizatio...
- GST Council reforms address key industry concerns, focus shifts to implementation, says Dept of Revenue officialDuring the 57th GST Council meeting, significant recommendations were made to address concerns from stakeholders. The government plans to i...
- GST reforms: What changes in compliance, input tax credit, refunds and litigation from 2027The latest changes proposed by the GST Council will help cut costs and ease cash flow for companies. To curb cascading tax, ease working ca...
- GST Council bets on faster refunds, lower penalties to ease business burdenThe 57th GST Council meeting has introduced measures to simplify compliance and expedite refunds for businesses. Recommendations include in...
- GST reforms: Refunds, wider ITC mark third phase of reform as India targets global supply chains, says PwC’s Pratik JainPwC’s Pratik Jain said the GST Council’s latest measures mark the third phase of the tax reform, shifting focus to bolder policy changes an...
- GST rejig: Credit relief, export push and simpler rules make Diwali come early for industry, says EY’s Bipin SapraEY partner Bipin Sapra said the GST Council’s latest reforms address input tax credit blockages, expand refunds, support exporters and stre...
- GST reforms 2026: Govt plans faceless, centralised CGST system for 2 lakh multi-jurisdiction taxpayersGST reforms 2026 will move around 2 lakh businesses operating across multiple CGST jurisdictions towards a centralised, faceless tax admini...
- GST 2.0: Easier multi-state expansion for MSMEs, e-commerce sellersIndia's GST Council has initiated reforms to modernize the GST framework for improved compliance and business operations. Simplified regist...
- GST Council proposes 2% TDS on scrap dealsThe proposed levy covers plastic waste, discarded tyres, electrical and electronic scrap, and used cooking oil. Under the framework, regist...
- Good news for employees: Input Tax Credit on group health and life insurance allowed; Know how it employeesNow GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it he...
- Karnataka CM Shivakumar hints at "good news" on pending central grants after GST Council meetKarnataka Chief Minister DK Shivakumar addressed media after the GST Council meeting concerning pending central grants. He mentioned that U...
- 'Faster decisions, lower compliance costs': PM Modi welcomes new round of GST reformsPrime Minister Narendra Modi on Thursday welcomed the new round of GST reforms approved by the Goods and Services Tax (GST) Council, saying...
- One GST return a year? New scheme could ease compliance for 16 lakh small businessesSmall businesses selling only to consumers may soon have the option to file GST returns annually. The GST Council has approved a plan for e...
- GST Council Meeting 2026: Tax officers' arrest powers scrapped, prosecution threshold raised to Rs 5 crore; no rate changesGST Council Meeting 2026: The GST Council concluded that existing GST rates would remain unchanged. It further removed arrest authorities f...
- "GST is always very useful for state like West Bengal": Finance Minister Swapan Dasgupta after 57th GST Council meetIn the recent 57th GST Council meeting, West Bengal Finance Minister Swapan Dasgupta emphasized the crucial role of GST in bolstering state...
- Single-window GST registration for multistate businesses set for pilot this weekIn a significant move, the central government is set to implement a consolidated goods and services tax registration system for businesses ...
- 57th GST Council meeting rescheduled for October 8 from October 7; to be held at Bharat Mandapam in New DelhiThe 57th meeting of the Goods and Services Tax Council has been rescheduled to October 8, starting at 11 am. The meeting's location is the ...
- GST Council likely to align export definition with forex earnings, clarify on overseas branch servicesThe GST Council is expected to review a proposal to redefine the definition of export for services. This proposal aims to remove ambiguitie...
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