New DelhiGoods and Services Tax officials lose the power to arrest.
The prosecution threshold rises fivefold, from Rs 1 crore to Rs 5 crore, India’s finance minister said.
Refunds become largely automated, the general penalty falls from Rs 25,000 to Rs 10,000, and no notices go out below Rs 10,000.
The changes start 1 April 2027, and the 5% rate for electric-vehicle transport is still a proposal.
How each outlet framed it
drawn from 150+ reports worldwide
- Rediff.com India Ltd. leans favorable
- details comprehensive GST reforms including arrest power removal, 5x prosecution threshold increase to Rs 5cr, penalty reduction
- MoneyControl
- isolates EV transport/rental tax incentive (5% GST rate), requires battery charging costs in rate calculation with restricted credit
Sources: Rediff.com India Ltd., MoneyControl