GST Council meet: Rollout to rule changes, decisions explained in 12 points

The government would allow companies to file late returns for the first two months after the implementation of the  Goods and Service Tax  (GST) regime on July 1, Finance Minister  Arun Jaitley  said on Sunday after a meeting of the  GST  Council. This would help companies adapt to the new online filing system. GST, arguably the  biggest tax reform  in 70-ye…