GST Council approves Amnesty scheme on late returns for small taxpayers

GST Council approves Amnesty scheme on late returns for small taxpayers

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Taxpayers can now file their pending returns and avail the benefits of this Amnesty scheme with reduced late fees, said Sitharaman at a press briefing after the 43rd GST Council Meeting

Finance Minister Nirmala Sitharaman announced on Friday that in order to provide relief to small taxpayers, the GST Council has recommended an Amnesty scheme for reducing late fee payable in these cases. “Taxpayers can now file their pending returns and avail the benefits of this Amnesty scheme with reduced late fees,” said Sitharaman at a press briefing after the 43rd GST Council Meeting.

(This story will be updated soon)

Also Read: GST Council Meet Live: Import of COVID relief items, Amphotericin-B exempted from IGST



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