GST Council meeting rescheduled to October 7 due to BRICS summit

The GST Council meeting has been rescheduled to October 7 due to the BRICS summit. This meeting will occur after a gap of over a year for the council. Discussions will focus on simplifying GST registration for businesses passing tax credits. Automation and changes in GST registration cancellation are also on the agenda. The council previously approved a simplified scheme for small and low-risk businesses.