LatestAccounting And Audit 9 October 2026
GST Council Revamps Arrest Powers, Raises Prosecution Limit to Rs 5 Crore
The 57th GST Council meeting stripped tax authorities of arrest powers and raised the prosecution ceiling to Rs 5 crore. It also lowered general penalties, simplified registration and refund steps, and improved input tax credit flow to ease compliance.
Key changes from the 57th GST Council meeting
- Arrest powers for tax officials are removed.
- Prosecution limit increased to Rs 5 crore.
- General penalties reduced.
- Registration and refund processes simplified.
- Input tax credit flow improved for smoother compliance.
For full details, see the original article.
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