TMI BlogGST exemption limit doubled to give relief to small businessesX X X X Extracts X X X X X X X X Extracts X X X X ..... GST exemption limit doubled to give relief to small businesses - Goods and Services Tax - GST Dated:- 10-1-2019 - News - New Delhi, Jan 10 (PTI) In a bid to give relief to small businesses, the GS ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... T Council Thursday doubled the exemption limit and raised the threshold for availing the composition scheme. The GST Council doubled the GST exemption limit to ₹ 20 lakh for north eastern sta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tes and ₹ 40 lakh for the 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tax based on turnover rather than value addition, was raised to ₹ 1.5 crore from ₹ 1 crore. The twin move would give relief to micro, small and medium enterprises (MSMEs), he said. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The council also allowed Kerala to 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 cou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ncil decided for form a seven-member group of ministers after differences of opinion emerged at the meeting, he said. - News - Press release - PIB Tax Management India - taxmanagementindia - taxman ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... agement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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