GST amnesty scheme has been introduced by the Government by way of capping the late fees for non-filing of Form GSTR-3B and GSTR1 by the registered persons for the period July, 2017 to April, 2021. Further, the Government has also reduced the late fees payable on delay in filing of GSTR3B, GSTR1, GSTR4 and GSTR7 returns for the month of June, 2021 and onwards.

Central Board of Indirect Taxes and Customs vide notification no. 85/2020 dated 10th November, 2020 issued a special procedure to be followed for payment of 35% tax liability of the first two months.

Taxpayer having aggregate annual turnover exceeding Rs. 100 crore in any financial year starting from F.Y. 2017-18 are required to adopt E-Invoicing from 01-01-2021.

Central Board of Indirect Taxes and Customs vide Circular No. 123/42/2019 – GST dated 11th November, 2019, issued clarifications on various issues relating to implementation of sub-rule (4) of rule 36 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as the CGST Rules) relating to availment of input tax credit (ITC) in respect of invoices or debit notes, the details of which have not been uploaded by the suppliers under sub-section (1) of section 37of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as the CGST Act) were clarified.