The GST Council in its 43rd meeting held on 28th May 2021 at New Delhi took
the important decisions related to changes in GST interest and penalties for late filing of GST returns.
The Ministry of Finance released a Press release on the 5th October, informing about the recommendations made in the 42nd GST council meeting via video conferencing. The meeting was led by the Finance Minister Shrimati Nirmala Sithraman and the finance ministers of all the states and UTs associated with it.
In 40th GST Council meeting held under chairmanship of hon’ble Finance Minister Mrs. Nirmala Sitharaman through video conferencing, GST Council has recommended to give one time opportunity to such GST return defaulters.
V J M & Associates LLP