56th GST Council Meeting Update: GST Council likely to have approved faster registration, quicker refunds for exporters
- GST Council Considering Proposals Related To Insurance Sector
- GST Council Likely To Have Approved Bringing In Registration Process Down To 3 Days For Non-risky Biz
- Registration To Be Issued Within 3 Working Days From The Date Of Filing Of Application
- GST Council Likely To Have Approved Issuance Of Refunds In Case Of Exports In 7 Days
- Refunds on provisional basis up to 90% of claims likely to be issued to non-risky taxpayers
- Refunds stuck under inverted duty structure for textile, pharma to be approved in 7 days on provisional basis
- Refunds stuck under inverted duty structure for chem, fertiliser to be approved in 7 days on provisional basis
- GST Council meeting underway
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