Council announces certain law & procedure changes, rationalizes rate-structure

38th Meeting of GST Council concludes today with a constructive discussion on wide range of issues such as measures for encouraging voluntary compliance, expanding tax base, measures to improve return filing and tax collection/rationalisation; Council recommends constitution of Grievance Redressal Committee (GRC) at Zonal/ State level to address grievances of specific/ general nature of taxpayers; Announces measures to improve filing of FORM GSTR-1 i.e. (i) a waiver of late f...