GST exemption limit doubled to give relief to small businesses

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....ST exemption limit doubled to give relief to small businesses <br>GST<br>Dated:- 10-1-2019<br><BR>New Delhi, Jan 10 (PTI) In a bid to give relief to small businesses, the GST Council Thursday doubled ....

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....the exemption limit and raised the threshold for availing the composition scheme. The GST Council doubled the GST exemption limit to &#8377; 20 lakh for north eastern states and &#8377; 40 lakh for t....

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....he rest of the country, Finance Minister Arun Jaitley told reporters here. The scope of the GST Composition Scheme, under which small traders and businesses pay a small tax based on turnover rather t....

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....han value addition, was raised to &#8377; 1.5 crore from &#8377; 1 crore. The twin move would give relief to micro, small and medium enterprises (MSMEs), he said. The council also allowed Kerala to ....

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....levy 1 per cent calamity cess on intra-state sales for a period of up to two years. On including real estate and lottery under the Goods and Services Tax, the council decided for form a seven-member ....

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....group of ministers after differences of opinion emerged at the meeting, he said.<BR> News - Press release - PIB....