Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ? 
 NOTE: 
Don't have an account? Register Here
<h1>GST Council Unanimously Decides on Tax Administration Split for Turnovers Above and Below Rs. 1.5 Crore.</h1> All GST Council decisions have been unanimous, despite differing state views. In its 2nd meeting, the Council decided that entities exempt from indirect tax under existing schemes must pay tax under GST, with any continued exemptions managed through budget reimbursements. In the 9th meeting, it was agreed that for taxpayers with turnover below Rs. 1.5 crore, 90% would be managed by state tax administrations and 10% by central. Taxpayers with turnover above Rs. 1.5 crore would be equally divided between central and state administrations. This information was provided by a government official in a parliamentary response.