08/10/2026
๐ GST UPDATE โ 57th GST COUNCIL MEETING | 8 Oct 2026
The 57th GST Council has taken major steps to make GST more taxpayer-friendly!
๐ Key Highlights:
โ
Arrest Powers to be removed/restricted
โ
Prosecution Limit โน1 Cr โ โน5 Cr
โ
โน10,000 SCN Threshold
โ
Refunds in 10/17 Days
โ
Delivery Services & Tractor Tyres @ 5% GST
โ
Big ITC Relief - Telecom Towers, Pipelines, Catering
โ
Export & Compliance Simplification
โ ๏ธ IMPORTANT: These are REPORTED developments. NOT law until Official Notification/Circular is issued. Continue with existing provisions.
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