GST Council conducted its 39th meeting on 14th March 2020 in New Delhi. Here are the major updates discussed in the meeting:
The GST Council modified the GST rate structure on various items to correct the inverted duty structure. These changes will be effective since 1st April 2020.
GSTN will introduce a new project called Know Your Supplier to help taxpayers have access to basic information about the suppliers they conduct or intend to conduct business with.