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Read more about GST Council Extends Due Dates Of Various Compliances, Provides Relief On Import Of COVID Related Relief Items on Business Standard. Commenting on the announcements made in the GST Council Meeting on Friday, Uday Shankar, President, Federation of Indian Chambers of Commerce & Industry (FICCI), noted that the organization welcomes the decisions announced by the GST Council and
India Inc. has largely welcomed the decisions taken by the GST Council on Friday to exempt Covid relief items from duty and easing compliance burden for taxpayers but said the measures stopped short of giving complete exemption to taxpayers .
COVID’s second wave is expected to stunt rural demand, consequently, marginally dampening India’s 2021 growth prospects. According to economy observers,