GST Council meeting on Sept 12: Easier registration, automated cancellations on agenda

GST Council meeting on Sept 12: Easier registration, automated cancellations on agenda
GST Council assembly on September 12

The GST Council is ready to satisfy in New Delhi on September 12, with simplification of GST registration for companies passing on tax credit score of greater than Rs 2.5 lakh a month amongst different points in focus.The 57th assembly of the council, chaired by Union finance minister Nirmala Sitharaman and comprising state finance ministers, will likely be preceded by an officers’ assembly on September 11, based on an workplace memorandum circulated by the Council secretariat.The council can also be anticipated to contemplate automation and different modifications within the means of GST registration cancellation.At current, central GST formations and varied state formations don’t observe a uniform process for granting GST registration to massive companies that move on credit score exceeding Rs 2.5 lakh a month. This has created uncertainty amongst taxpayers.The assembly comes after a spot of greater than a yr. The 56th GST Council assembly was held on September 3-4, 2025, when the Centre and states selected a significant restructuring of GST charges and slabs.The revised construction got here into impact from September 22, 2025, changing the 4 slabs of 5%, 12%, 18% and 28%, which had been in place since July 1, 2017. GST was modified to a two-tier construction of 5% and 18%, with a 40% charge reserved for ultra-luxury and sin items.The council had additionally permitted a simplified GST registration scheme for small and low-risk companies at its September 2025 assembly. The scheme was rolled out from November 1.Small and low-risk candidates recognized by the GST system by way of knowledge evaluation, or candidates who self-assess that their output tax legal responsibility doesn’t exceed Rs 2.5 lakh a month, can go for the scheme. The restrict consists of CGST, SGST/UTGST and IGST.About 1.68 crore companies are at the moment registered below GST.

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