GST Council To Meet On September 12, May Consider Simplifying Registration For Large Businesses
New Delhi, Aug 29: The 57th meeting of the GST Council -- chaired by Union Finance Minister Nirmala Sitharaman -- is scheduled to be held here on September 12, with simplification of GST registration for large businesses likely to figure on the agenda, according to an office memorandum circulated by the GST Council secretariat. It further highlighted that the meeting will be preceded by a meeting…
The 57th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, is scheduled for September 12 in New Delhi. The agenda is expected to include simplification of GST registration procedures for large businesses. This discussion follows a meeting of officers on September 11. The Council, comprising the Union Finance Minister and state finance ministers, convened after a year-long gap during its 56th meeting on September 3-4, where major GST rate restructuring was approved.
The new GST structure, effective September 22, 2025, features two standard rates of 5% and 18%, along with a 40% rate for specific goods. At the September 12 meeting, the Council is likely to consider automation and other changes in the GST registration cancellation process. Currently, there is inconsistency in GST registration procedures for large businesses passing on input tax credit exceeding Rs 2.5 lakh per month, leading to uncertainty for taxpayers.
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