GST council gives relief to transport sector, small online businesses - domain-b.com

2022-07-24 04:02:12 By : Mr. yong zhang

The GST Council at its 47th meeting on Thursday decided to defer tax on casinos, lottery and waived the compulsory registration norms for small businesses with annual turnover up to Rs40 lakh and Rs20 lakh for goods and services, respectively, using e-commerce platforms to sell products while allowing them to opt for composite scheme, benefitting about 1.2 lakh small businesses.

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