GST Reforms: Arrest powers scrapped, refunds automated; businesses set to see faster relief
The GST Council approved a series of changes aimed at easing compliance, including removing the power of tax officials to make arrests and raising the prosecution threshold fivefold to Rs 5 crore. FM Nirmala Sitharaman said the GST Council had largely dealt with anomalies arising from input tax credit (ITC) and addressed the issue of duty inversion.
We haven't written up this one. Times of India has the full story — the link below goes straight to it.
