{"id":8319,"date":"2019-12-19T05:51:50","date_gmt":"2019-12-19T00:21:50","guid":{"rendered":"http:\/\/udaen.info\/?p=8319"},"modified":"2019-12-19T05:51:50","modified_gmt":"2019-12-19T00:21:50","slug":"gst-councils-decisions-regarding-law-and-procedure-related-changes","status":"publish","type":"post","link":"https:\/\/udaen.info\/?p=8319","title":{"rendered":"GST Council\u2019s decisions regarding Law and Procedure related changes"},"content":{"rendered":"
GST Council\u2019s decisions regarding Law and Procedure related changes<\/p>\n<\/div>\n
\n

\u00a0The 38th<\/sup>\u00a0meeting of the GST Council met under the Chairmanship of the Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman here today. The meeting was also attended by the Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur\u00a0 besides Finance Ministers of States & UTs and senior officers of Ministry of Finance.\u00a0 The GSTCouncil recommended the following:<\/p>\n

    \n
  1. \n
      \n
    1. Grievance Redressal Committees (GRC) will be constituted at Zonal\/State level with both CGST and SGST officers and including representatives of trade and industry and other GST stakeholders (GST practitioners and GSTN etc.). These committees will\u00a0address grievances of specific\/ general nature of taxpayers at the Zonal\/ State level.<\/li>\n
    2. Due date for annual return in\u00a0FORM GSTR-9<\/strong>\u00a0and reconciliation statement in\u00a0FORM GSTR-9C<\/strong>\u00a0for FY 2017-18 to be extended to 31.01.2020.<\/li>\n
    3. Following measures would be taken to improve filing of\u00a0FORM GSTR-1<\/strong>:<\/li>\n<\/ol>\n<\/li>\n
    4. waiver of late fee to be given to all taxpayers in respect of all pending\u00a0FORM GSTR-1<\/strong>from July 2017 to November 2019, if the same are filed by 10.01.2020.<\/li>\n
    5. E-way Bill for taxpayers who have not filed their\u00a0FORM GSTR-1<\/strong>\u00a0for two tax periods shall be blocked.\n
        \n
      1. Input tax credit to the recipient in respect of invoices or debit notes that are not reflected in his\u00a0FORM GSTR-2A<\/strong>\u00a0shall be restricted to 10 per cent of the eligible credit available in respect of invoices or debit notes reflected in his\u00a0FORM GSTR-2A<\/strong>.<\/li>\n
      2. To check the menace of fake invoices, suitable action to be taken for blocking of fraudulently availed input tax credit in certain situations.<\/li>\n
      3. A Standard Operating Procedure for tax officers would be issued in respect of action to be taken in cases of non-filing of\u00a0FORM GSTR 3B<\/strong>\u00a0returns.<\/li>\n
      4. Due date of filing GST returns for the month of November, 2019 to be extended in respect of a few North Eastern States.<\/li>\n
      5. The Council also approved various law amendments which will be introduced in Budget 2020.<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

        GST Council\u2019s decisions regarding Law and Procedure related changes \u00a0The 38th\u00a0meeting of the GST Council met under the Chairmanship of the Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman here today. The meeting was also attended by the Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur\u00a0 besides Finance Ministers […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[21],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/8319"}],"collection":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8319"}],"version-history":[{"count":1,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/8319\/revisions"}],"predecessor-version":[{"id":8320,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/8319\/revisions\/8320"}],"wp:attachment":[{"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}