GST: Tax officers' arrest powers may go away
The GST Council, chaired by Finance Minister Nirmala Sitharaman, began discussions on significant policy reforms such as eliminating arrest powers for GST officers and simplifying registration under GST 2.0. The 57th meeting will aim to foster a trust-based taxation approach by removing criminal liability for nine offences and raising the threshold for criminal prosecution to Rs 5 crore.
Other changes under consideration include a common standard for GST officers to raise demands, an invoice matching system for input tax credit, and allowing small e-commerce sellers to use platform warehouses as registered places of business. These reforms, if approved, will ease compliance for small businesses and eliminate multi-state road stoppages for cargo movement.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
