Finance Ministry is Considering to Introduce One Time Amnesty Scheme in GST

Finance Ministry is Considering to Introduce One Time Amnesty Scheme in GST

GST late fees and penalties will provide relief to the troubled businessmen soon. For this, the Finance Ministry is considering bringing One Time Amnesty Scheme. And the responsibility of resolving this issue can soon be entrusted to the Law Committee of the GST Council (GST Council). The final decision on the committee’s recommendation will be made in the meeting of the GST Council.

Also Read : Rajasthan Government Launches Amnesty Scheme 2021 For Various Acts