Decision taken in 35th GST Council Meeting

A decision was taken in 35th GST Council Meeting

• The due date for filing GST annual return and GST audit for FY 2017-18 proposed to be extended from June 30, 2019, to August 31, 2019.

• Due to the date of submitting declaration related to Job work in Form ITC-04 for the period July 2017 to June 2019, proposed to be extended till August 31, 2019.

• Provisions relating to blocking of the generation of e-way bill due to non-filing of GST return for two consecutive tax period proposed to be implemented from August 21, 2019, instead of June 21, 2019.

• Electronic invoicing proposed to be implemented in a phased manner for Business to business transactions.

• The tenure of National Anti-profiteering authority proposed to be extended by 2 years.

• Road map for bringing new GST return on trial basis from July 2019, has been reiterated in the GST council meeting.