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Decriminalisation, rationalisation of enforcement powers under GST reflects trust-based economic governance, says CII

News Desk1 Nov 2026 2 min read

Chandrajit Banerjee, Director General of CII, said the GST Council’s decisions deserve special recognition as a landmark institutional reform

Chandrajit Banerjee, Director General of CII, said the GST Council’s decisions deserve special recognition as a landmark institutional reform

Why this matters

Regulatory and legal changes affect how businesses file, pay and stay compliant. Even small amendments can change deadlines, disclosures or penalties, so it pays to understand the context before acting.

What to watch

Track the official notification or judgment for exact wording and effective dates. If your business is directly affected, review your filings, contracts and internal timelines with a qualified professional.

Disclaimer

This is general information for awareness only, not legal, tax or investment advice. For guidance on your specific situation, speak to a qualified professional.

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