GST Council proposes faster refunds, fewer transit checks

In this short

• GST POLICY Faster refunds, fewer transit checks The 57th GST Council recommended process changes for vehicle supply chains; vehicle GST rates were unchanged.
• REFUND CHANGE 90% could move provisionally 90% Risk-based system processing is proposed for eligible zero-rated and inverted-duty refund claims.
• TRUCK MOVEMENT Random stops face tighter limits Interception is proposed only on specific intelligence with Joint Commissioner authorisation, subject to…
• EV TRANSPORT A 5% service route proposed 5% Eligible EV passenger transport and rentals could opt for 5% GST with restricted input tax credit when…
• READ THE FULL STORY What changes for drivers? There is no immediate vehicle GST rate change; watch for notifications before treating any recommendation as…
• READ THE FULL STORY Get the full breakdown Sources, numbers and what to watch next.