Press release for 22nd GST Council meeting

Followings were the major points for 22nf GST council meeting

  1. Turnover for composition scheme raised from ₹75 Lakhs to₹ 1 crores.
  2. E-way bill provisions deferred till April 2018.
  3. Reverse charge to be abolished till 31.03.2018.
  4. Quarterly returns for taxpayers with annual turnover less than ₹1.5 crores. Tax to be paid on monthly basis.

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Press release for 22nd GST Council meeting

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