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GST threshold fixed at ₹ 20 lakh in GST council's meet, rate to be decided in October

GST threshold fixed at ₹ 20 lakh in GST council s meet, rate to be decided in October - Goods and Services Tax - GST - Dated:- 24-9-2016 - GST threshold fixed at ₹ 20 lakh in GST council's meet, rate to be decided in October Read more .....

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ement on keeping traders with annual revenue of up to ₹ 20 lakh out of the new national sales tax regime that will subsume all cesses. While the two sides, at the meeting of the GST Council, agreed on the contentious issues of revenue threshold .....

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₹ 20 lakh for all states with the exception of north eastern and the hill states where the limit will be ₹ 10 lakh, Finance Minister Arun Jaitley said here. Resolving issues over dual control over small traders, it decided that states wi .....

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e government and not both. Broad principles for compensating states for any loss of revenue when the new regime is rolled out from April 1, 2017 were also discussed at the two day meeting of the panel that is headed by Union Finance Minister and incl .....

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