TezGK
TezGK / Topics / Economy

Entries3

GST Council

Verified timeline, 1 Jan 2026 to 8 Oct 2026. Every entry is confirmed by independent sources, listed at the foot of the page.

Latest entry

GST Council removes arrest powers and lifts prosecution threshold to Rs 5 crore.

8 Oct 2026

Timeline

  1. Economy

    GST Council removes arrest powers and lifts prosecution threshold to Rs 5 crore12

    The 57th GST Council recommended ending standalone arrest powers, raising the prosecution threshold from Rs 1 crore to Rs 5 crore and cutting the general penalty to Rs 10,000.

    • 57th GST Council met on 8 October 2026, chaired by Nirmala Sitharaman
    • Recommended scrapping arrest powers of GST officers
    • Prosecution threshold raised from Rs 1 crore to Rs 5 crore
    • General penalty cut from Rs 25,000 to Rs 10,000
    • Minimum punishment removed; no GST demand notice for amounts up to Rs 10,000
    • No change in GST rates
  2. Economy

    GST Day: nine years of Goods and Services Tax34

    GST was launched on 1 July 2017; 1 July 2026 marked nine years. After the 2025 reforms the structure has two main slabs of 5% and 18%, with a 40% rate on luxury and sin goods. GST collections rose from Rs 13.76 lakh crore in 2021-22 to Rs 22.27 lakh crore in 2025-26 (government factsheet).

    • GST was launched on 1 July 2017; 1 July 2026 marked nine years
    • After the 2025 reforms the structure has two main slabs of 5% and 18%, with a 40% rate on luxury and sin goods
    • GST collections rose from Rs 13.76 lakh crore in 2021-22 to Rs 22.27 lakh crore in 2025-26 (government factsheet)
    • The GST Council is established under Article 279A
  3. Economy

    Gross GST collection for December 2025 at Rs 1.75 lakh crore567

    Gross GST collections for December 2025 were Rs 1.75 lakh crore, up 6.1 percent year on year, after the two-slab GST 2.0 rate changes took effect in September.

    • Gross GST collections for December 2025: about Rs 1.74 lakh crore (Rs 1,74,550 crore), up 6.1 percent year on year
    • Domestic revenue up 1.2 percent; import GST up 19.7 percent
    • Net GST about Rs 1.45 lakh crore, up 2.2 percent
    • Slowdown followed GST 2.0 rate cuts effective 22 September 2025

Exercise.Quizzes on GST Council and every other topic arrive on Telegram six times a day, and what you get wrong comes back.

Practise on Telegram

Sources

  1. Deccan Chronicle
  2. Taxscan
  3. Press Information Bureau
  4. Business Standard
  5. Outlook Business
  6. ETV Bharat (PTI)
  7. All India Radio