GST 2.0: Process reforms set for April 1, 2027 launch as tax system gets an overhaul
- All GST process reforms approved by the 57th GST Council will take effect from April 1 2027.
- The reforms cover GST registration refunds compliance and enforcement measures aimed at helping businesses.
- Refund acknowledgement time will be reduced to 10 days with 90% refunds issued within three working days.
- The Council recommended removing GST arrest powers and approved simplified registration for small e-commerce sellers.
Source: moneycontrol.com
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