Big GST overhaul: Tax officers arrest powers axed, prosecution only above Rs 5 Crore from 2027

GST Council scraps tax officers’ arrest power, raises the prosecution threshold to Rs 5 crore and approves faster refunds, wider ITC and simpler compliance rules.

Big GST overhaul: Tax officers arrest powers axed, prosecution only above Rs 5 Crore from 2027
GST Council scraps tax officers’ arrest power, raises the prosecution threshold to Rs 5 crore and approves faster refunds, wider ITC and simpler compliance rules.