Recommendations of GST Council Related to Law &Procedure GST Rate on Goods as Recommended by The GST Council in Its 37th Meeting

The 37thGST Council met in Goa today under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman  . The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides Chief Minister of Goa Shri Pramod Sawant,  Finance Ministers of States & UTs and seniors officers of the Ministry of Finance .

The GST Council, in its meeting recommended the following Law & Procedure related changes :

Relaxation in filing of annual returns for MSMEsfor FY 2017-18 and FY 2018-19 as under:

waiver of the requirement of filing FORM GSTR-9A for Composition Taxpayers for the said tax periods; and
filing of FORM GSTR-9 for those taxpayers who (are required to file the said return but) have aggregate turnover up to Rs. 2 crores made optional for the said tax periods.