{"id":660,"date":"2020-06-12T13:55:32","date_gmt":"2020-06-12T13:55:32","guid":{"rendered":"https:\/\/www.gstrobo.com\/kc\/news\/?p=660"},"modified":"2020-06-12T13:56:51","modified_gmt":"2020-06-12T13:56:51","slug":"40th-gst-council-meeting-highlights-relief-for-taxpayers","status":"publish","type":"post","link":"https:\/\/www.gstrobo.com\/kc\/news\/40th-gst-council-meeting-highlights-relief-for-taxpayers\/","title":{"rendered":"40th GST Council Meeting Highlights &#8211; Relief for Taxpayers"},"content":{"rendered":"\n<p><strong>40th GST Council Meeting<\/strong> held today i. e. 12.06.2020 through video conferencing under the chairmanship of Union Finance &amp; Corporate Affairs Minister Smt Nirmala Sitharaman. This is the first GST Council Meet Post Lockdown.<\/p>\n\n\n\n<p><strong>Key highlights and recommendations related to Law and Procedures made in the meeting &#8211;<\/strong><\/p>\n\n\n\n<p>\u2022 Waived late fee for non-filing of GSTR-3B for the tax period from July 2017 to January 2020 when tax liability is Nil and reduced up to Maximum Rs. 500\/- per return if there is any tax liability.<\/p>\n\n\n\n<p>\u2022 Reduced interest rate from 18 p.a. to 9 % p.a. for small taxpayers for late filing of return up to 30.09.2020 for the supplies made in February, March and April<\/p>\n\n\n\n<p>\u2022 Waived late fees and interest for small taxpayer for the supplies made in May, June and July if the return is filed by September, 2020<\/p>\n\n\n\n<p>For More Details <a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=1631127\">Click Here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>40th GST Council Meeting held today i. e. 12.06.2020 through video conferencing under the chairmanship of Union Finance &amp; Corporate Affairs Minister Smt Nirmala Sitharaman. This is the first GST Council Meet Post Lockdown. Key highlights and recommendations related to Law and Procedures made in the meeting &#8211; \u2022 Waived late fee for non-filing of &hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[236,237],"class_list":["post-660","post","type-post","status-publish","format-standard","hentry","category-news-updates","tag-40th-gst-council-meeting","tag-gst-council-related-to-law-procedure"],"_links":{"self":[{"href":"https:\/\/www.gstrobo.com\/kc\/news\/wp-json\/wp\/v2\/posts\/660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gstrobo.com\/kc\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gstrobo.com\/kc\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gstrobo.com\/kc\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gstrobo.com\/kc\/news\/wp-json\/wp\/v2\/comments?post=660"}],"version-history":[{"count":2,"href":"https:\/\/www.gstrobo.com\/kc\/news\/wp-json\/wp\/v2\/posts\/660\/revisions"}],"predecessor-version":[{"id":662,"href":"https:\/\/www.gstrobo.com\/kc\/news\/wp-json\/wp\/v2\/posts\/660\/revisions\/662"}],"wp:attachment":[{"href":"https:\/\/www.gstrobo.com\/kc\/news\/wp-json\/wp\/v2\/media?parent=660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gstrobo.com\/kc\/news\/wp-json\/wp\/v2\/categories?post=660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gstrobo.com\/kc\/news\/wp-json\/wp\/v2\/tags?post=660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}