BusinessGST Council Agrees to Annual Rate Changes, Faster Refunds for Businesses
The GST Council, led by Finance Minister Nirmala Sitharaman, agreed to change GST rates only once a year and to make the tax refund process faceless and faster. Automatic approval for GST registration will reduce processing time from 15 to 10 days. Show-cause notices under ₹10,000 will not be issued, easing burdens on businesses. GST on unregistered rider delivery services was cut from 18% to 5%.
News18Hi Business··New Delhi



