GST Council Meeting held on 12.10.2020 was a continuation of the 42nd GST Council meeting, to discuss point 9A. Discussions went on the issue of borrowing, extension of cess, and so on. Read the key updates from the meeting here.
Amnesty Scheme for GSTR 3B late fee ended on 30.09.20. Late fee will not be calculated as per original rules
Clarification relating to application of sub-rule (4) of rule 36 of the CGST Rules, 2017 for the months of Feb to Aug 2020
Blocking of E-Way Bill (EWB) generation facility for taxpayers with AATO over Rs 5 Crore after 15th October, 2020
Clarifications made w.r.t GSTR-9 and GSTR-9C for FY 18-19
GST - Standard Operating Procedure (SOP) for referring IT issues to the IT Grievance Redressal Committee
The government had given relaxations to taxpayers for October 2020 w.r.t e-invoicing. Furthermore, certain amendments and additions are made in respect of e-invoicing. Here is the summary of those amendments.
FM Nirmala Sitharaman chaired the 42nd GST Council Meeting on 5th October 2020. read the official press release of the key decisions taken.
Rs 95,480 crore gross GST revenue collected in September 20
GST taxpayers get relief in implementation of e-invoice