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GST Council meet up with Dwell: No charges for GSTR-3B for those people with nil liabilities

GST Council satisfy are living updates: The Products and Providers Tax (GST) Council conference on Friday was held underneath the chairmanship of Finance Minister Nirmala Sitharaman. In their 1st conference considering the fact that a nationwide lockdown was implemented to stop the spread of coronavirus, the members of the GST Council discussed problems over videoconference.
The two major goals of today’s meeting were being expected to be addressing the government’s revenue position and repairing the compensation system for states. FM Sitharaman claimed no fees will be levied for late filing of GST returns for entities with nil liability.&#13
The late fee for non-filing of monthly sales return for many others has been reduced to a optimum of Rs 500 for July 2017 to January 2020 period of time, she additional.

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