https://www.taxtmi.com/article/detailed?id=9003 Interest on delayed GST is to be charged on the net cash tax liability retrospectively, and filing deadlines for revocation of registration, annual returns and reconciliation statements are extended with selective late fee waivers and reconciliation exemptions for smaller taxpayers. Implementation of new returns and e invoicing is deferred and certain classes of taxpayers exempted; IT fixes, Aadhaar authentication and incremental rollout are prioritized. Suggested rate rationalizations and service tax reductions accompany administrative measures-insolvency period compliance procedures, refund bunching for exporters, Know Your Supplier, KYC/verification before credit flow, and extensions of import exemptions-to curb fraud and facilitate trade. en-us Thu, 19 Mar 2020 10:04:56 +0530 Thu, 19 Mar 2020 10:04:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9003 Interest on delayed GST is to be charged on the net cash tax liability retrospectively, and filing deadlines for revocation of registration, annual returns and reconciliation statements are extended with selective late fee waivers and reconciliation exemptions for smaller taxpayers. Implementation of new returns and e invoicing is deferred and certain classes of taxpayers exempted; IT fixes, Aadhaar authentication and incremental rollout are prioritized. Suggested rate rationalizations and service tax reductions accompany administrative measures-insolvency period compliance procedures, refund bunching for exporters, Know Your Supplier, KYC/verification before credit flow, and extensions of import exemptions-to curb fraud and facilitate trade. Articles Goods and Services Tax - GST Thu, 19 Mar 2020 10:04:56 +0530 https://www.taxtmi.com/article/detailed?id=9003