The Central Government vide notification dated 25th February, 2022 has issued the Central Motor Vehicles (Motor Vehicle Accident Fund) Rules, 2022. The Hit and Run Compensation Account shall be utilised for providing compensation to hit and run accident victims, and reimbursement of claim amount raised by the Hospital for cashless
treatment of hit and run motor accident victims, as per scheme framed under section 162, to the Account for Uninsured Vehicles or Hit and Run Motor Accident in accordance with this rule.
Late fee for delay in furnishing of FORM GSTR-9C
The CBIC clarified that the term “annual return” under Section 44 of the CGST Act includes both GSTR-9 and GSTR-9C wherever applicable.