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Reduction/exemption of tax rates under GST for small businesses

Goods and Services Tax - GST - Dated:- 1-8-2017 - The Government has received representations from small businesses relating to exemption from GST, reduction in applicable rates of GST, and product and area wise exemptions. The GST rates on supply of .....

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xcise duty rates / embedded central excise duty incidence, VAT rates or weighted average VAT rates, embedded VAT incidence, cascading of VAT over excise duty, incidence on account of CST, Octroi, entry tax, etc. Keeping in view the interests of small .....

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ed under the Central Goods and Services Tax Act, 2017. Further, a composition scheme has been provided for the benefit of small business. An eligible registered person in the State or Union territory, other than Special Category States [other than Ut .....

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