KEY DECISIONS

Late fees waived for GSTR-3B returns, with nil liabilities for July 2017-January 2020

Interest rate halved to 9% for late filing of returns for small companies for supplies made between Feb and April

No late fees for GST returns for May-july, filed till September, for firms with up to

~5 cr turnover

Compensation cess to be discussed in a single agenda meeting in July Correction of inverted duty structure on textiles deferred