26th GST Council Meeting held on 10th March 2018 at Vigyan Bhawan, New Delhi (Highlights)

• Reverse charge mechanism extended for 3 months

• 6 months extended for exporters in tax exemption. Exporters who are enjoying the benefits from export promotion scheme will continue to get exemptions on imports by October 1. By then an e-wallet scheme is expected to be launched to make the process easier

• Interstate movement of goods e-way bill generation from April 1

• And the implementation of the e-way bill in the Intrastate is scheduled to be from April 15 and to be divided into 4 states per rollout

• Filing returns date extended for 3 months and GoM to look for IT issues

• GST Council meeting is set to be commenced at Vigyan Bhawan, New Delhi on March 10, 2018

• The main agenda of discussion: E Way Bill, Simple Return Filing, GSTR 3B Deadline Extension, Composition Scheme

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Blog source : GST Council official

Signed Minutes - 26th GST Council Meeting.pdf

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