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GST: No penalty for late filing of Aug, Sept returns

The Commissioner of Commercial Taxes, Dipak M Bandekar, has informed that the State government has waived off the penalty on late filing of Goods and Services Tax (GST) returns for the months of August and September, 2017.


PANAJI

Bandekar further explained, "There is no penalty on late filing of GST returns for August and September. But, there is interest at the rate of 18% per annum on late payment of GST."
In nutshell, late filing will not attract penalty. But, late payment of GST will attract interest.
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Govt may stop subsidies to fishermen

Instead of subsidies to fishermen, Fisheries Department is now contemplating to divert the same funds for providing subsidised fish to people in the State.

the goan I network
Published Oct 25, 2017, 7:45 PM IST
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PANAJIFisheries Minister Vinoda Paliencar on Tuesday held a review meeting with officials of Fisheries Department wherein it was decided to review all existing subsidies being given to the fishermen in the state. "Fish is an essential part of the staple diet of Goans. In the review meeting I held with the officials of Fisheries Department, it was learnt that in the last five years we have disbursed subsidy of Rs 108 crore, of which Rs 83 crore was only on fuel like diesel,…

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