Quick Summary
The 56th meeting of the GST Council was held in New Delhi under the chairpersonship of the Union Finance Corporate Affairs Minister Smt. Nirmala Sitharaman. The GST Council inter-alia made the recommendations relating to changes in GST tax rates, provide relief to individuals, common man, aspirational middle class and measures for facilitation of trade in GST. In a major relief for small businesses and first-time taxpayers, the GST Council has recommended the launch of an optional simplified G
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FAQ :
It's an optional, simplified scheme designed to make GST registration faster and easier for small businesses and new taxpayers.
Low-risk applicants can expect to receive their GST registration within three working days of submitting their application.
The scheme is open to applicants who, based on self-assessment, expect their monthly output tax liability on supplies to registered persons to be within ₹2.5 lakh.
The simplified GST registration scheme will become operational from 1st November 2025.
It is expected to reduce compliance burdens, encourage startups and MSMEs to formalise their businesses, and boost India's ease of doing business ranking.
Yes, applicants can voluntarily opt into the scheme and also withdraw from it if their business circumstances change.
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