Tag Archives: 57th Meeting of the GST Council

Recommendations of the 57th Meeting of the GST Council: Pres…

By | October 12, 2026

Recommendations of the 57th Meeting of the GST Council: Pres… Recommendations of the 57th Meeting of the GST Council: Pres…   Ministry of Finance Recommendations of the 57th Meeting of the GST Council GST Council recommends removal of arrest provisions under GST GST Council recommends raising prosecution threshold from ₹1 crore to ₹5 crore GST Council recommends reduction in general penalty from ₹25,000 to ₹1 0,000 GST Council recommends wider eligibility for input tax credit and refunds GST Council recommends further simplification of registration and compliance processes GST Council recommends faster refunds to improve working capital for businesses GST Council recommends common… Read More »