1 hr ago
GST Council Meeting Postponed Again, Rescheduled for October 8
The GST Council is a group that discusses how India’s goods and services tax should work.
Its next meeting has been moved again and is now planned for October 8.
The Secretariat said the change was due to “unavoidable circumstances,” but did not explain further.
The Council is expected to discuss making tax registration, returns and refunds easier.
It may also consider changing when GST cases can lead to criminal prosecution and whether officers can arrest taxpayers.
These ideas have not yet been approved.
Other proposals include speeding up some refunds and changing rules for businesses.
The Council may also discuss tax treatment of certain metal imports and insurance provided to employees.
The 57th GST Council meeting has been moved from October 7 to October 8, with the Secretariat citing “unavoidable circumstances.”
The meeting was first scheduled for September 12, then shifted because India was hosting the BRICS summit in New Delhi.
The Council is expected to consider changes to GST registration, returns, refunds, input tax credit and dispute resolution.
Proposals include narrowing criminal prosecution, raising its threshold from ₹1 crore to ₹5 crore, and requiring judicial authorisation for arrests; these are under consideration, not approved.
Other proposals include faster export refunds, simpler compliance, possible changes to the precious-metal import exemption and input tax credit for employee insurance.
- Who
- The 57th GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state ministers.
- What
- A meeting was postponed from October 7 to October 8 and is expected to consider GST process and enforcement reforms.
- Where
- The articles do not specify the meeting's location.
- When
- October 8; the year is not specified in the articles.
- Why
- The Secretariat cited “unavoidable circumstances” for the latest postponement; the earlier move from September 12 was due to the BRICS summit in New Delhi.
Key facts
- Meeting
- 57th GST Council meeting
- New date
- October 8
- Previous date
- October 7
- Original date
- September 12
- Stated reason for latest change
- “Unavoidable circumstances,” according to the GST Council Secretariat
- Proposed prosecution threshold
- Increase from ₹1 crore to ₹5 crore
- Proposed export refund
- Up to 90% of an eligible refund could be paid upfront after a risk assessment
- Potential additional agenda items
- Withdrawing an IGST exemption for certain precious-metal imports and allowing businesses to claim input tax credit on employee insurance premiums
Quotes
GST Council memorandum
The memorandum conveying the meeting’s rescheduling.
“The undersigned is directed to refer to the above subject and to convey that on account of unavoidable circumstances, the 57th Meeting of the GST Council is rescheduled.”
businesstoday.in
Sources
Related news
GST Council Meeting Rescheduled to 7 October Amid BRICS Summit
GST Council Meeting Delayed Amid BRICS Summit Scheduling Clash
GST Council to Consider Removing Arrest Powers Over Tax Offences
GST 2.0 to Focus on Faster Refunds and Simpler Compliance
Modi Says Next GST Reform Phase Will Simplify Compliance
Sitharaman Warns Hormuz Disruption Threatens Global Food Security
India Seeks Qatar Investment as Refining Capacity Rises
India-US Trade Talks May Have Reached Plateau, Sitharaman Says
