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World · · 1 min read

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.

Read original on The Times of India — Top Stories