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GST council approves measures to ease compliance for businesses: Sources
YUGMARG NEWSPAPER
|September 04, 2025
The Goods and Services Tax Council has approved measures to ease burden of compliance on businesses, sources told Wednesday evening.
The measures approved include reduction of registration time for MSMEs, i.e.,medium, small, and micro enterprises, and startups from 30 days to just three. A proposal for automated GST refunds for exporters was also cleared.
The council began its two-day meet this morning with the rationalisation of GST tax slabs as the big-ticket item on its agenda. The council is studying recommendations to cut existing tax brackets by half. The current system has four slabs - five, 12, 18, and 28 per cent.
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