The GST Council recommends changes to e-way bill rules, restricting vehicle interception, limiting checks in transit states and clarifying detention and confiscation provisions under the CGST Act.
The GST Council recommends withdrawing arrest powers under Section 69, raising the prosecution threshold from ₹1 crore to ₹5 crore and rationalising GST offences and punishments.
Explore GST Council recommendations relating to services, including EV transport, e-commerce delivery, input tax credit, GST exemptions, highway projects and banking transactions.
The GST Council recommends GST rate clarifications on toys, used vehicles, Isabgol seeds, waste scrap, bio-stimulants and other goods.
The GST Council proposes a ₹10,000 minimum threshold for show cause notices, lower penalties in non-fraud cases and capped appeal pre-deposits.
The GST Council proposes automated refunds, 90% provisional sanction for eligible claims, a 10-day acknowledgement timeline and simplified refund filing.
The GST Council proposes a new return mechanism from April 2027 to reduce ITC mismatches, improve reconciliation and minimise GST notices.
The GST Council proposes faster GST registration, automatic amendments and cancellation, and simplified registration for small e-commerce sellers.
57th GST Council Meeting proposes major reforms in GST registration, ITC, refunds, penalties, arrest provisions, e-way bills, exports and compliance processes.
RBI clarifies new FEMA reporting rules, saying individuals need not report personal transactions, overseas services or routine subscriptions.
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