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38th GST council general meetings


Upfront Amount Exempt :

Amount payable for long term lease of industrial/ financial infrastructure plots by an entity having 20% or more ownership of Central or State Government. Presently, the exemption is available to an entity having 50% or more ownership of Central or State Government. This change shall become effective from 1st January 2020.

28% GST rate on Lotteries :

A single rate of GST @ 28% on both State run and State authorized lottery. This change shall become effective from 1st March 2020.

GST rate on Woven and Non-Woven Bags :

GST rate on Woven and Non-Woven Bags and sacks  of polyethylene or polypropylene strips or the like, whether or not  laminated, of a kind used for packing of goods (HS code 3923/6305)in view of the requests received post the changes recommended on such goods in last meeting and recommended raising the GST to a uniform rate of 18%(from 12%) on all such bags falling under HS 3923/6305 including Flexible Intermediate Bulk Containers (FIBC). This change shall become effective from 1st January 2020.

Due date extended for GSTR 9 & 9C extended:

Due date for annual return in FORM GSTR-9 and reconciliation statement in FORM GSTR-9C for FY 2017-18 to be extended to 31.01.2020.

Waiver of Late fees:

Waiver of late fee to be given to all taxpayers in respect of all pending FORM GSTR-1from July 2017 to November 2019, if the same are filed by 10.01.2020.


E- Waybill Blocked :

E-way Bill for taxpayers who have not filed their FORM GSTR-1 for two tax periods shall be blocked.

GSTR2A credit restricted to 10 % :

Input tax credit to the recipient in respect of invoices or debit notes that are not reflected in his FORM GSTR-2A shall be restricted to 10 per cent of the eligible credit available in respect of invoices or debit notes reflected in his FORM GSTR-2A.

SOP for Tax officers :

A Standard Operating Procedure for tax officers would be issued in respect of action to be taken in cases of non-filing of FORM GSTR 3B returns.

Fake Invoices:

To check the menace of fake invoices, suitable action to be taken for blocking of fraudulently availed input tax credit in certain situations.

Due date extended for November returns :

Due date of filing GST returns for the month of November 2019 to be extended in respect of a few North Eastern States.

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Download the official press information : Click Here

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