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Key Recommendations from 53rd GST Council Meeting in India: Waivers, Time Limits, and More

  • Recommendations for changes to the goods and services tax law were made at the 53rd GST Council meeting in India
  • Waivers of interest and penalty in certain cases if tax is paid before March 31, 2025
  • Extended time limit for availing of credit in the initial years after the GST rollout.

Source: kpmg.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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