GST: Press Release of 38th GST Council Meeting

GST: Press Release of 38th GST Council Meeting:

38th Meeting of the GST Council, New Delhi

18 December, 2019
(Law and Procedure related changes)

In the 38th Meeting of the GST Council held on 18.12.2019, the GST council recommended the following:

1. Grievance Redressal Committees (GRC) will be constituted at Zonal /state level with both CGST and SGST officiers and including representatives of trade and industry and other GST stakeholders ( GST practioners and GSTN etc.). these committees will address grievances of soecific /general nature of taxpayers at Zonal/state level.

2. Due date for annual return in FORM GSTR-9 and reconcillation statement in FORM GSTR-9C for F.Y 2017-18 to be extended to 31.01.2020

3. Following measures would be taken to improve filing of FORM GSTR-1

(i) waiver of late fees to be given to all taxpayers in respect of all pending FORM GSTR-1 from July 2017 to November 2019 if the same are filed by 10.01.2020

(ii) E Way Bill  for taxpayers who have not filed their FORM GSTR-1 for two tax periods shall be blocked.

4. Input tax credit to the recipient in respect of invoices or debit notes that are not reflected in his FORM GSTR-2A shall be restricted to 10 per cent of the eligible credit available in respect of invoices or debit notes reflected in his FORM GSTR-2A.

5. To check the menace of fake invoices, suitable action to be taken for blocking of fraudulently availed input tax credit in certain situations.

6. A Standard Operating Procedure for tax officers would be issued in respect of action to be taken in cases of non-filing of FORM GSTR 3B returns.

7. Due date of filing GST returns for the month of November, 2019 to be extended in respect of a few North Eastern States.

8. The council also approved various law amendments which will be introduced in Budget 2020.

[This note presents the decision of the GST Council in simple language for easy understanding which would be given effect through Gazette notifications /circulars which alone shall have force of law. The same will be made effective from the date as specified in such notifications/ circulars.]

Download GST Council’s 38th Meeting Press Release

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Tags : GSTRule 36(4), 20% ITC Restriction, GSTGST Annual Return, GSTR-9, GSTR-9C, News, Rule 36(4), E-WAY Bill, GST Council Meeting Updates, 10% ITC Restriction


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Deepak Gupta

Author is Chartered Accountant by Profession and having vast experience in the field of Taxation.


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