Neutral impactEconomy
GST Council Meeting 2026: Tax officers' arrest powers scrapped, prosecution threshold raised to Rs 5 crore; no rate changes
Economic Times 2 hrs ago·8 Oct 2026, 11:53 am
GST Council Meeting 2026: The GST Council concluded that existing GST rates would remain unchanged. It further removed arrest authorities from tax officers while increasing the threshold for prosecution to Rs 5 crore. The Council introduced friendlier regulations for small sellers on e-commerce sites, as well as efforts to enhance tax compliance and registration processes. Collectively, these actions reflect a transformative approach favoring sellers within the GST framework.
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- Category: Economy.
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