GST Council meeting scheduled for Sept 12; registration process updates likely
Finance Minister Nirmala Sitharaman will lead the 57th GST Council gathering in New Delhi on September 12. This session follows the recent reorganization of GST into tax brackets of 5% and 18%, alongside a 40% levy on luxury and sin items. During the meeting, officials are expected to review plans for simplifying business registration for those transferring monthly tax credits of ₹2.5 lakh, as well as implementing automated systems for canceling registrations.
by shortkt.com✓