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The 39th GST council meeting was held in the Capital on March 14th, 2020. Headed by honourable Finance Minister, Nirmala Sitharaman, several key decisions were taken during this meeting. Below are the key highlights from the 39th GST council meeting.
The implementation of the new GST return system has been postponed to 1st October 2020. Also, the implementation of e-invoicing and the QR code has been deferred to 1st October 2020. The present return system (GSTR-1, GSTR-2A & GSTR-3B) will be continued until September 2020.
e-Invoice from 1st October 2022 for Businesses with Turnover Exceeding 10 Crore
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