No Arrest. No Notice Below ₹10,000. 90% Auto Refund. | 57th GST Council Meeting Explained
GST mein ab ARREST nahi? ₹10,000 se kam tax par NOTICE nahi? Refund 90% AUTOMATIC? 😳 57th GST Council Meeting (8 Oct 2026) ne GST ke process mein ab tak ke sabse bade badlaav recommend kiye hain — is video mein har ek change, simple Hindi mein, ek hi jagah. 👨🏫 Presented by CA Vijender Aggarwal — Taxation faculty (GST, Customs & Income Tax) for CA Intermediate & CA Final. 🎯 WHO SHOULD WATCH ✔️ Business owners & traders — arrest, notices, penalty, refunds: kya badlega aapke liye ✔️ CAs, tax practitioners & accountants — registration, returns, refunds, litigation impact ✔️ CA Final & CA Inter students — upcoming GST amendments, explained concept-wise (exam applicability depends on when they are notified and ICAI's cut-off date) ⚠️ Note: These are RECOMMENDATIONS. They become law only after amendment of the CGST/IGST Acts and issue of notifications/circulars. 🔥 10 BIGGEST CHANGES COVERED 1️⃣ Arrest power (Section 69) recommended to be removed completely 2️⃣ Prosecution threshold ₹1 crore → ₹5 crore 3️⃣ No show cause notice if tax is below ₹10,000 — benefit for pending cases too 4️⃣ Max general penalty ₹25,000 → ₹10,000; only 5% penalty in non-fraud cases if paid in time 5️⃣ 90% refund automatically by the system for exports & inverted duty 6️⃣ Inverted duty refund now on input services & capital goods too 7️⃣ Section 17(5) relief — health & life insurance, outdoor catering, free samples, telecom towers 8️⃣ GSTR-1/2B vs 3B mismatch fix from April 2027 returns 9️⃣ E-way bill: no interception in transit States 🔟 Export of services to own foreign branch to qualify as export ➕ Also: auto registration amendment & cancellation, Rule 14B for e-commerce sellers, late fee waiver for small taxpayers, ARQP scheme, ₹40 crore pre-deposit cap, RCM + 2% TDS on scrap, 5% GST on e-commerce delivery, new exemptions. 👍 Video useful lage toh LIKE, SHARE (apne CA / accountant / business groups mein) & SUBSCRIBE to Tax Without Tears 🔔 📄 Source: PIB Press Release, Ministry of Finance, 08 Oct 2026 (Release ID 2320934) Disclaimer: For educational purposes only; not legal or professional advice. Refer to the notifications/circulars once issued. #57thGSTCouncilMeeting #GSTCouncil #GSTUpdate #GST2point0 #TaxWithoutTears #CAFinal #CAInter #GSTNews