The GST council Friday extended the tenure of the anti-profiteering authority by two years and imposed a penalty of up to 10 per cent on businesses not passing on benefits of rate cuts to consumers.
Businesses will be allowed to use Aadhaar for registering themselves on the GST portal, said Revenue Secretary A B Pandey at a press briefing in Delhi after the 35th meeting of the council
The council extended the date for filing annual returns under the GST regime by two months to August 30. The one-form new GST return filing system will be applicable from January 1,