The GST Council has proposed major procedural changes to enhance business operations and tax compliance. These reforms aim to streamline registration, refunds, and input tax credit processes while lowering compliance costs. Additionally, the council will remove officers' powers for arrests under the GST framework. Processing of refunds will be expedited, with a goal to resolve claims within three days.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/yhluMHY
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