BusinessGST Council May Approve Key Reforms on Refunds and Registration
The GST Council meeting on Thursday, chaired by Finance Minister Nirmala Sitharaman, may approve reforms in refunds, registration, and return filing. Relaxations on input tax credit restrictions and inclusion of general business expenses under input tax credit are expected. Businesses might be allowed single-state GST registration for pan-India operations. Refund scope could extend to taxes on services, plants, and machinery.
Amar Business·



