Jul 03, 2024
Prepared by
Major Takeaways from 53rd GST Council Meeting - 22nd June 2024
- Relaxation in Condition of Section 16(4) for availing ITC
- Amnesty Scheme for waiver of Interest & Penalty for SCN issued u/s 73
- No Interest on GST paid from the balance in Electronic Cash ledger
- Recommendations related to filing of GST Appeal
- Changes in GST Rates of Services
- Changes in GST Rates of Goods
- Clarifications proposed
Tags
22nd-june-2024relaxationchanges-in-gst-rates-of-servicescouncil-meetingchanges-in-gst-rates-of-goods53rd-gstno-interestgst-paidfiling-of-gst-appealsection-16-4-electronic-cash-ledgermajor-takeawayswaiver-of-interest-and-penalty