38th GST Council Meeting News and Updates

Posted on 18-12-2019:

GST Council Meeting : 38th GST Meeting News and Updates

1. GST Council decides to levy 28% GST on all lotteries after voting. This rate will be for both state-run and private lottery
2. GST Council decided to rationalize the rate for Oven & Non-Oven Bags to 18% w.e.f. Mar 1 , 2020
3. Due date for filing GSTR 9 and GSTR 9C has been extended from from 31.12.2019 to 31.01.2020 in view of delay in making utility available for filing GSTR 9c for FY 2017-18.
4. Late fees Waived for all tax-payers who have filed GSTR-1, if all returns are filed by 10 Jan 2020.
5. Input tax credit to be restricted to 10 per cent from 20 earlier if invoices not uploaded. Earlier this limit was upto 20%.