<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Reduction/exemption of tax rates under GST for small businesses</title>
    <link>https://www.taxtmi.com/news?id=18545</link>
    <description>Registration exemption under GST relieves suppliers below prescribed aggregate turnover thresholds from mandatory registration, with reduced thresholds for Special Category States. An alternative composition scheme permits eligible registered persons to discharge tax by paying a specified percentage of turnover, subject to turnover ceilings and product exclusions; the turnover limit for composition was increased to expand small business access outside Special Category States.</description>
    <language>en-us</language>
    <pubDate>Tue, 01 Aug 2017 17:55:41 +0530</pubDate>
    <lastBuildDate>Tue, 01 Aug 2017 17:55:41 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=483934" rel="self" type="application/rss+xml"/>
    <item>
      <title>Reduction/exemption of tax rates under GST for small businesses</title>
      <link>https://www.taxtmi.com/news?id=18545</link>
      <description>Registration exemption under GST relieves suppliers below prescribed aggregate turnover thresholds from mandatory registration, with reduced thresholds for Special Category States. An alternative composition scheme permits eligible registered persons to discharge tax by paying a specified percentage of turnover, subject to turnover ceilings and product exclusions; the turnover limit for composition was increased to expand small business access outside Special Category States.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Tue, 01 Aug 2017 17:55:41 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=18545</guid>
    </item>
  </channel>
</rss>