GST COUNCIL MEETING BIG DECISIONS FOR TAXPAYERS RELIEF | SECTION 16(4)
GST SECTION 16(4) BIG RELIEF FOR TAXPAYERS FROM FY 2017-18

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ITC CLAIM AFTER TIME LIMIT| SECTION 16(4)| COURT ORDER #gstnotice Recent updates on Section 16(4): GST Amnesty Scheme
VERY BIG RELIEF GIVEN BY GOVERNMENT IN SECTION 16(4) INTEREST, PENALTY AND MORE

#gstregistration #appeal #gstnoticereply
#gstregistration #gstnoticereply #appeal
Ministry of Finance
Recommendations of 53rd GST Council Meeting
GST Council recommends waiving interest and
penalties for demand notices issued under Section
73 of the CGST Act (i.e. the cases not involving
fraud, suppression or wilful misstatement, etc.) for
the fiscal years 2017-18, 2018-19 and 2019-20, if the
full tax demanded is paid upto 31.03.2025.
GST Council recommends the time limit to avail input
tax credit w.r.t. any invoice or debit note under
Section 16(4) of CGST Act, through any GSTR 3B
return filed upto 30.11.2021 for FY 2017-18, 2018-
19, 2019-20 and 2020-21, may be deemed to be
30.11.2021
Council has recommends monetary limit of Rs. 20
lakh for GST Appellate Tribunal, Rs. 1 crore for High
Court and Rs. 2 crore for Supreme Court, for filing of
appeals by the Department, to reduce litigation
GST Council recommends reduction of the quantum
of pre-deposit required to be paid for filing of appeals
under GST
GST Council recommends amending provisions of
CGST Act to provide that the three-month period for
filing appeals in GST Appellate Tribunal will start
from a date to be notified by the Government
To ease the interest burden of the taxpayers, GST
Council recommends to not levy interest u/s 50 of
CGST Act in case of delayed filing of return, on the
amount which is available in Electronic Cash Ledger
(ECL) on the due date of filing of the said return
GST Council recommends sunset clause from April
1st, 2025 for receipt of any new application for Antiprofiteering
GST Council recommends exemption from
Compensation Cess leviable on the imports in SEZ
by SEZ Unit/developer for authorised operations
from 1st July, 2017
GST Council recommends 12% GST on milk cans
(steel, iron, aluminum) irrespective of use; Carton,
Boxes And Cases of both corrugated and noncorrugated paper or paper-board; Solar cookers
whether single or dual energy source; and sprinklers
including fire water sprinklers.
GST Council recommends exemption of certain
services provided by Indian Railways to common
man and also intra railway supplies
GST Council recommends certain exemptions
related to accommodation services, providing relief
to students and working professionals
GST Council recommends to roll-out the biometricbased Aadhaar authentication of registration
applicants on pan-India basis in a phased manner

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