CBIC issues Notifications to give effect to GST Council's 40th meeting recommendations

CBIC issues notification to give effect to GST Council recommendations made during its 40th meeting held on June 12, 2020; Notifies staggered due-dates of filing the return in FORM GSTR-3B for the month of August 2020 for all registered persons having an aggregate turnover of up to 5 crores as October 01 and 03, 2020; Seeks to provide relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020, further provides one-time amnesty ...