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GST Council waives interest, penalty on tax demands between FY18 and FY20

Union Finance Minister Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman chairs the 53rd GST Council meeting, in New Delhi, Saturday, June 22, 2024. (PTI Photo/Kamal Singh)


The Goods and Services Tax (GST) Council in its Saturday meeting has approved several compliance measures, aiming at reducing tax litigation and enhancing ease of business across the sectors.


The all-powerful Council waived interest and…


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