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    <title>Minutes of the 42nd Meeting of the GST Council on Oct 5th &amp; 12th, 2020</title>
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    <description>The Council authorised reopening of the TRAN 1/TRAN 2 portal for 26 technical glitch cases, ratified recent notifications, and granted in principle approval to REAP and the QRMP scheme. It extended the GSTR 1/GSTR 3B regime until legal alignment by March 2021, mandated GSTR 1 filing before GSTR 3B from 01.04.2021 with system enforcement (late fee and interest population; e way bill blocking), tightened HSN/SAC reporting, mandated PAN/Aadhaar linked validated bank accounts for refunds, included GST laws in the Economic Offences Limitation schedule, and extended Compensation Cess beyond June 2022 until shortfall is covered while compensation borrowing options remained unresolved.</description>
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    <pubDate>Mon, 12 Oct 2020 00:00:00 +0530</pubDate>
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      <description>The Council authorised reopening of the TRAN 1/TRAN 2 portal for 26 technical glitch cases, ratified recent notifications, and granted in principle approval to REAP and the QRMP scheme. It extended the GSTR 1/GSTR 3B regime until legal alignment by March 2021, mandated GSTR 1 filing before GSTR 3B from 01.04.2021 with system enforcement (late fee and interest population; e way bill blocking), tightened HSN/SAC reporting, mandated PAN/Aadhaar linked validated bank accounts for refunds, included GST laws in the Economic Offences Limitation schedule, and extended Compensation Cess beyond June 2022 until shortfall is covered while compensation borrowing options remained unresolved.</description>
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