GST Council may clear key compliance reforms
The GST Council is set to review a range of significant procedural enhancements aimed at streamlining tax compliance for businesses. Potential changes include allowing small e-commerce merchants to utilize platform-managed warehouses for GST registration, ensuring legitimate buyers retain their input tax credits, and reducing disputes over low-value tax issues, according to sources.
These recommendations, part of the GST 2.0 operational updates, aim to simplify registration and return processes, improve predictability for goods in transit, and reduce friction between taxpayers and tax authorities. A notable proposal would permit small online sellers to use the platform's warehouse as their official registered place of business in states lacking physical presence, allowing them to obtain GST registrations in additional states through the e-commerce platform's consent, thereby avoiding the need for further interactions with regional tax authorities.
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