Late costs for GSTR-9C files that were postponed from FY 2017–18 to FY 2022–23 have been forgiven by the Central Board of Indirect Taxes and Customs (CBIC). The 55th meeting of the GST Council accepted this plan, which permits taxpayers to file outstanding taxes by March 31, 2025, without incurring penalties. Businesses gain from the waiver because it promotes compliance, lessens financial strains, and streamlines the GST system. Discover its significance, qualifying requirements, and detailed application procedure in this extensive blog.

The CBIC has updated the arrest and bail standards for GST 2025, concentrating on fairness, transparency, and legal compliance. Taxpayers now have protection against arbitrary arrests and clearer bail provisions. These amendments aim to boost business confidence and protect taxpayer rights.