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GST Council meeting: Panel for raising threshold for offences to Rs 2 cr

GST Council will also consider a ministerial panel report on setting up GST Appellate Tribunals

The panel was expected to submit a report by last month and suggest various steps to raise revenue, including hiking the lowest slab and rationalising the slab

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GST Council will also take up the group of ministers (GoM) report headed by Haryana deputy chief minister Dushyant Chautala on the Goods and Services tax Appellate Tribunals (GSTAT)

Shrimi Choudhary

2 min read Last Updated : Dec 12 2022 | 11:10 PM IST

The all-powerful GST Council, which is scheduled to meet on December 17, will likely to take up changes in the prosecution provisions under the GST regime, in which a committee of officials has proposed increasing the monetary limit to Rs 2 crore from the current Rs 1 crore, set as a minimum amount of tax evaded for arrest in non-cognizable and bailable offences under the regime. The council will also consider a ministerial panel report on setting up GST Appellate Tribunals, according to the agenda documents reviewed by Business Standard.

At present, if the amount of tax evaded or input

Topics : Goods and Services Tax GST Finance Ministry tax evasion GST Council GST appellate tribunal CGST act GST collections GST Law panel Law panel

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