Rs 2 crore trigger for GST cases

The GST Council on Saturday decided to raise the monetary threshold for launching prosecutions under GST law to Rs 2 crore from Rs 1 crore now and decriminalise three types of offences. However, there was no decision on the creation of appellate tribunals or the GoM report on the tax regime for casinos, online games and horse racing. “In this meeting, there has not been any tax increase on any ite…