Industry And Cluster | News & Insights

New rules to sign up for GST.

Published: November 24, 2020
Author: TEXTILE VALUE CHAIN

An overhaul of the goods and services tax (GST) registration process and suspension of the registration of businesses identified as risky are among the proposals of a panel of officials attached to the GST Council. The proposals by the law committee of the GST Council, comprising central and state officials who advise its ministerial members, aim to tighten compliance measures and target restrictions on firms identified as risky, without affecting the ease of doing business in general, said a finance ministry official.

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