Lower interest on delayed GST filing
GST Council Meeting: Relief on late fee for GST return filing
June 13, 202040th GST Council Meeting: No late fee for GST returns for small taxpayers with nil liability
June 15, 2020Divakar Vijayasarathy, founder & managing partner, DVS Advisors LLP, said: “It was widely expected that the GST council would decide on raising loans on cess accounts to compensate the shortfall. This option has been doing rounds for quite some time. With the GST collections falling drastically, states are under severe stress, especially states such as Bengal which also had to bear the wrath of the cyclone.