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GST Council Extends Compliance Deadlines, Reduces Late Fees, and Introduces Amnesty Scheme for Small Taxpayers Amid COVID-19 Challenges.

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....The GST Council has extended compliance deadlines and reduced late fees to support taxpayers facing challenges due to COVID-19. Additionally, an amnesty scheme has been introduced to benefit small taxpayers. These measures aim to ease the financial burden on businesses by providing more time for compliance and reducing penalties for late submissions.....