Glimpses of 57th GST council meeting
https://www.gstcouncil.gov.in/sites/default/files/2026-10/press_release.pdf
The council recommended amendment in section 17(5) of CGST Act, 2017 to remove the restrictions on availment of ITC inter-alia on the supplies of outdoor catering, health and life insurance, telecommunication towers, pipelines laid down outside factory premises, free samples, goods destroyed or written off on expiry of shelf life as required by law.
The council approved in principle a concept note for an optional annual return quarterly payment (ARQP) scheme for tax payers having an aggregate turnover equal to or less than ₹5 cr in the preceding financial year and engaged in exclusively in supplies to B2C
The GST council recommended waiver of late fee on delayed filing of return under section 39(1) of CGST Act 2017, for Taxpayers with an annual turnover up to ₹ 5 Cr. in the preceding financial year, if the said delayed return is filed by the end of the month in which it was due.