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Tag Archives: trade credit protection genuine buyers committee

GST Council Unveils Sweeping Business Reforms: Arrest Powers Scrapped, Faster Refunds, and Big ITC Relief

Marking a transformative leap toward taxpayer-friendly administration, the Goods and Services Tax (GST) Council, chaired by Union Finance Minister Nirmala Sitharaman, approved a sweeping package of procedural and compliance reforms during its 57th meeting. Following the earlier structural transition to a streamlined rate framework, this session focused entirely on process …

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