37th GST Council meet happened at Goa with GST rate cuts and the following key announcements were made:

New return filing system from April 2020

?Soon, ITC claim to be restricted, unless GSTR-1 has been filed

?GSTR-9 filing for businesses with turnover upto Rs 2 crores optional for FY 2017-18 and FY 2018-19

?GSTR-9A waived for for FY 2017-18 and FY 2018-19

?A Committee of Officers will review simplification of GSTR-9 and GSTR-9C

?Integrated refund system with refund disbursal by single authority to be introduced from 24th September, 2019.

?Aadhar mandatory for registration of taxpayers under GST and it may become mandatory for claiming refunds.

?In principle decision to prescribe reasonable restrictions for passing of ITC by risky taxpayers including risky new taxpayers (likely be system driven based on their activity)

31st August 2019

(1) Due date for GSTR-7 for the month of July 2019 is extended till 20th September 2019 for taxpayers having a principal place of business in J&K and certain districts of Bihar, Gujarat, Karnataka, Kerala, Maharashtra, Odisha, and Uttarakhand.

(2) Filing of the form ITC-04 for the quarters between July 2017 to March 2019 has been waived off. However, those challans goods dispatched to a job worker in the period July 2017 to March 2019 but not received from a job worker or not supplied from the place of business of the job worker as on the 31st March 2019 would have already been part of serial number 4 of ITC-04 for the quarter April-June 2019.

(3) The late fees for July 2019’s GSTR-1(filed monthly) and GSTR-6 have been waived off for the taxpayers having a principal place of business in certain districts of the flood-affected States of Bihar, Gujarat, Karnataka, Kerala, Maharashtra, Odisha, and Uttarakhand and all districts of J&K.

26th August 2019

Due date for GSTR-9, GSTR-9C and GSTR-9A for FY 2017-18 is further extended till 30th November 2019