GST Council likely to announce amnesty on delayed returns

In a move that is likely to provide a huge relief to small taxpayers and micro and small enterprises in the country amid the pandemic, the Goods and Service Tax Council is likely to announce an amnesty scheme on late fee in GST return filing in the upcoming meeting on May 28.  The scheme will cover all the pending GSTR-3B returns since the launch of GST on July 1, 2017, till the month of Apri…