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DECRIMINALISE GST OFFENCES
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 2.0 makes it less taxing as govt scrap arrest powers, raise prosecution threshold to Rs 5 crore in major overhaulThe GST Council recently approved substantial reforms to simplify the indirect tax structure and improve compliance. These changes include ...
- GST Council meet: Scrapping tax officers' arrest powers, decriminalisation among reforms on agendaThe GST Council is poised to address significant reforms that could transform GST compliance for businesses. Among the proposed measures ar...
- GST Council meet starts with focus on ease of doing business, ITC overhaul and decriminalisation on agendaThe 57th GST Council meeting is set to consider major GST 2.0 reforms, including wider input tax credit eligibility, protection for genuine...
- GST enforcement may shift from 'arrest' to 'detect, recover and prosecute serious frauds'The GST Council is likely to consider major enforcement reforms on October 7 that could remove GST officers’ power to directly arrest alleg...
- GST 2.0's next move: Council may scrap officers' arrest powers, raise prosecution bar to Rs 5 croreThe GST Council is weighing changes to GST enforcement, including ending officials' arrest powers and shifting to court-ordered arrests. Cr...
- Chasing dues could get easier for small businesses under new rules, MSME Secy Bharat Khera explainsThe number of enterprises in the formal ecosystem has increased from around 16.5 million three to four years ago to 92 million currently, s...
- Ease of doing business: India may do away with arrests for sub-Rs 3 crore GST evasionCurrently, under Section 132 of the Central GST (CGST) Act, illegal credit for GST evasion is a criminal offence. GST evasion of Rs 2 crore...
- GST Council doubles limit for launching prosecution to Rs 2 cr; defines SUVs for 22 pc cessThe Council also clarified on the definition of SUVs (sports utility vehicles) for the levy of 22 per cent compensation cess over the 28 pe...
- GST prosecution threshold up; some offences decriminalisedThe 48th GST Council meeting, held virtually on Saturday after a gap of six months, deferred a decision on imposing the levy on online gami...
- India's GST Council meets today to decide on online gaming tax, decriminalisation of some indirect tax offencesThe Council has reportedly been given a suggestion - by the law committee - to consider increasing the monetary threshold for launching pro...
- GST Council meet: Decriminalisation of offences, curbing tax evasion in pan masala, gutkha biz on agendaBesides, GST on online gaming and casinos may come up for deliberations as the Group of Ministers (GoM), chaired by Meghalaya Chief Ministe...
- GST council to consider decriminalisation of GST law in Dec 17 meetThe GST Council in its next meeting is likely to discuss decriminalisation of offences under GST law, along with raising the threshold of l...
- GoM report on appellate tribunals, decriminalising of GST law top agenda of 48th GST Council meetThe Group of Minister's (GoM) report on setting up appellate tribunals to hear disputes, and decriminalisation of GST law will be the key a...
- Govt may remove penal offences covered under IPC from GST lawThe proposal, part of the exercise to decriminalise GST law, is likely to be taken up in the next meeting of the GST Council. Once approved...
- Govt working on decriminalising certain offences under GST, lower compounding chargesThe government is working on making the provision under GST Act for prosecution more simpler and friendly for taxpayers. Section 132 under ...
- Don't go overboard against GST offencesPenalties must be commensurate with the offence. Decriminalising offences and switching to monetary penalties will lower the burden on cour...
- Threshold for criminal offences under GST law may be raisedThe proposal entails raising the threshold of cognizable and non-bailable offences under Section 132 of the Central GST Act to ₹20 crore fr...
- GST laws review: Focus on decriminalising offences and wider use of compounding provisionsThe government is evaluating removal of clauses in the law that provide officers powers to arrest taxpayers suspected of evasion.
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