GST 35th Council Meeting – Highlights

The GST Council met for the 35th time on 21 June 2019. Here are the key decisions taken

  • New GST forms ANX-01, ANX-02 etc. shall be introduced in a phased manner. GSTR-3B shall be phased out from January 2020.
  • AADHAR can now be used as proof for obtaining GST registration. This will further simply the registration process.
  • Provisions vis-a-vis “Anti-profiteering” have been extended for 2 more years. The penalty for anti-profiteering has been increased from Rs. 25,000 to 10% of the the profiteered amount.
  • Due date for filing annual returns for 2017-18 in GSTR-9 / 9A & audit certificate in 9-C has been extended by 2 months to 31 August 2019.
  • Effective 21 August 2019, non-filing GST returns for 2 consecutive months shall result in blocking of e-way bills (extended from 21 June 2019)

The full press release can be read below

[pdf-embedder url=”https://bclindia.in/wp-content/uploads/2019/06/Press-Information-Bureau-GST.pdf” title=”Press Information Bureau-GST”]

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