GST Registration to Be Cleared in Just 3 Days, Refunds to Be Automated Under Upcoming Reforms

The GST reforms will ensure that "GST registration is cleared in just 3 days" and that "refunds are automated." The reforms, which are expected to be implemented by Diwali, will simplify the tax structure, reduce the number of tax slabs, and make compliance easier. The move is a significant step towards a more digitized and efficient tax system. The proposed changes will benefit both consumers and the business community.