Goods & Service Tax (GST) 10 October 2026
GST Council Keeps Rates Steady, No Arrest Powers
The 57th GST Council confirmed that tax rates will remain unchanged and did not grant arrest powers to tax officials. It also clarified the compliance reset, focusing on refunds of accumulated input tax credit on input services under the inverted duty mechanism, ensuring businesses can claim back ITC while current restrictions stay in place until law changes.
Key outcomes of the 57th GST Council
- No change to GST rates across all categories.
- Tax officials were not given arrest powers, keeping enforcement limited to existing mechanisms.
- The council explained the *compliance reset*, highlighting that refunds for accumulated Input Tax Credit (ITC) on input services under the inverted duty rule will continue under current restrictions.
For the full details, see the original article.
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