The upcoming Finance Bill 2026 is expected to introduce a set of amendments to the Goods and Services Tax (GST) law) aimed at simplifying compliance and improving liquidity for businesses. Among the measures are provisions for fast-track GST registration, automatic 90 percent refund under the inverted duty structure (IDS), and other procedural simplifications, government sources said.

“These will form part of the law changes proposed for inclusion in the upcoming Budget,” a senior government official said, adding that the amendments are currently being finalised. “The focus is on faster registration and quicker refund settlement. A proposal for 90 percent provisional refund under the inverted duty structure will also be included,” the official told Moneycontrol.

Fast-track GST registrati

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