The 32nd GST Council meeting held in New Delhi has doubled the exemption limit under the Goods and Services Tax ( GST ) regime. After the meeting, the Union Finance Minister addressed the press and informed that the threshold limit has been enhanced to 40 lakhs from the current 20 lakhs. However, Rs. 20 lakhs […]
The post GST Council Meet: Exemption Limit Hiked, Composition Scheme extended to Services appeared first on Taxscan | Simplifying Tax Laws.
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