GST Compliance Relaxation pursuant to GST Council Recommendations

Rohit Kumar Singh | Last updated: 08 June 2021

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The GST Council's recommendations have led to significant relaxations in GST compliance requirements. These changes include reductions in late fees for various returns, such as GSTR-3B for periods up to April 2021 and for subsequent periods based on tax liability and turnover. Additionally, due dates for several compliances, including GSTR-1/IFF, GSTR-4, GSTR-5, GSTR-6, GSTR-7, GSTR-8, and ITC-04, have been extended. Relief has also been provided in the form of waivers for interest and late fees for March, April, and May 2021 for both normal and composition taxpayers.

Pursuant to the GST Council recommendations in their 43rd meeting held on 28th May 2021 at New Delhi, CBIC has issued a series of notifications relaxing GST compliance requirements. The changes are categorized in below major areas and summarized for ease of understanding A. Reduction of l

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About the Author

Rohit Kumar Singh

Founder - TaxMarvel Consulting Services LLP

Rohit is a CA, CS and CMA and Gold Medalist Law Graduate. He has also passed DISA (ICAI). Rohit is Founder of TaxMarvel Consulting Services LLP (a niche consulting firm engaged in providing GST Services to Corporates and SMEs) He was earlier head ofGST Business (GST Suvidha Provider) for Karvy Data Management Servic ... Read more

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