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35th GST Council-Key Decisions

35th GST Council-Key Decisions

GST Council has also the extended date for filing annual returns under GST by two months to 30 August 2019 from the earlier June 30. GST Council agrees to use Aadhaar for registration to the Goods and Services Tax Network (GSTN). The tenure of National Anti-profiteering Authority (NAA) extended for two years, and the penalty provision has been made more stringent. A new single GST return form for all will be rolled out in January 2020. E-ticketing for multiplexes made compulsory. The matter of rate cuts for electric vehicles sent to fitment committee for further consideration. Source: Business Today

 

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