Next-Gen reforms made as per recommendations of the GST Council in its 56th meeting last year had focussed on rate rationalisation and reduction of rates. In the 57th meeting, GST Council made recommendations relating to process reforms primarily covering registration, returns, refund and adjudication; clarifications regarding applicability of GST on supply of certain goods and services; and other measures for trade facilitation and streamlining compliances in GST, an official release said.
The GST Council recommended raising prosecution threshold from Rs 1 crore to Rs 5 crore
It also recommended reduction in general penalty from Rs 25,000 to Rs 10,000.
GST Council also recommended wider eligibility for input tax credit and refunds and also
further simplification of registration and compliance processes.
It also recommended faster refunds to improve working capital for businesses.
GST Council also recommended simplified GST registration for small sellers on e-commerce platforms and measures to facilitate export of services.
GST Council approved in-principle optional scheme for small consumer-facing businesses with turnover up to Rs 5 crore.


