57th GST Council Meeting on October 8; Industry seeks easier ITC, faster refunds

New Delhi, Oct 7 (UNI) The 57th GST Council meeting is set to be held on October 8, according to an office memorandum issued by the GST Council Secretariat. The meeting has been postponed for the second time, and was originally scheduled for October 7. The Secretariat said the latest rescheduling was due to "unavoidable circumstances." Finance Minister Nirmala Sitharaman had earlier said that the proposals before the Council would focus on easing compliance across key areas, including GST registration, returns, refunds, dispute resolution and improving the flow of input tax credit (ITC). The measures are aimed at reducing both…