CII backs GST Council move to raise prosecution threshold
In short
The Confederation of Indian Industry praised the GST Council’s recent move to decriminalise some offences. The Council has reportedly recommended raising the prosecution threshold from Rs 1 crore to Rs 5 crore.
This could reduce fear of prosecution for some businesses and support a trust-based approach. The report does not say when the change starts or exactly which offences are covered.
What the reporting says
The Confederation of Indian Industry welcomed the GST Council’s recent decriminalisation decisions, according to an Economic Times summary. The Council reportedly recommended raising the prosecution threshold from Rs 1 crore to Rs 5 crore. The immediate effect is a more trust-based compliance stance, but the reporting does not say when the change will take effect or how many offences are covered.
Why it matters
The Confederation of Indian Industry praised the GST Council’s recent decisions to decriminalise certain offences, with the reported recommendation to raise the prosecution threshold from Rs 1 crore to Rs 5 crore. That suggests a more trust-based compliance framework for businesses subject to GST rules. The available reporting does not state implementation timing, the full scope of offences, or whether the recommendation has been formally adopted.