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via timesofindia.indiatimes.comPolitics

GST Council scraps tax officers' arrest powers and eases refund rules

FROM THE WIRE · TIMESOFINDIA.INDIATIMES.COM

NEW DELHI: Nine years after the biggest indirect reform in the country, GST Council on Friday decided on a massive procedural overhaul that will rework

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralProcedural reform of Indian GST system with administrative impact but no direct market effect.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01GST Council decided on major procedural overhaul nine years after the reform.
  2. 02Tax officers will lose arrest powers in GST proceedings.
  3. 03New rules simplify refund processes for taxpayers.

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