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Ministry of Finance has announced that FM Nirmala Sitharamanwill chair the 45th meeting of the GST Council on 17th September at Lucknow. Highlights of the 44th GST Council Meeting The 44th GST Council met under the Chairmanship of Union Finance Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing on 12th June 2021. The Council in its meeting has decided to reduce the GST rates on the specified items being used in Covid-19 relief and management till 30th September 2
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FAQ :
The 45th GST Council Meeting will be chaired by Union Finance Minister Nirmala Sitharaman.
The meeting is scheduled for 17th September in Lucknow.
The 44th GST Council Meeting decided to reduce GST rates on specified COVID-19 relief items until 30th September 2021.
For FY 2020-21, filing annual returns (FORM GSTR-9 / 9A) became optional for taxpayers with an annual turnover up to Rs 2 Crore, and reconciliation statements (FORM GSTR-9C) were required for those with turnover above Rs 5 Crore.
Yes, late fees for not furnishing FORM GSTR-3B for tax periods from July 2017 to April 2021 were reduced or waived if returns were filed between 01.06.2021 and 31.08.2021.
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