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The Economic Times
The Economic Times
National

No rate cuts, but big GST relief: 8 reforms on refunds, ITC, registration and enforcement | Explained

The GST Council on Thursday moved beyond rate changes to overhaul how the indirect tax system works for businesses and taxpayers, approving a series of measures aimed at making registration, refunds, input tax credit and enforcement faster and more automated.

The 57th GST Council meeting, held a year after the two-rate structure was introduced, also approved changes to prosecution, movement of goods, tax filing for the smallest businesses and exports of services.

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