22nd GST Council meeting

GST Council meet: Big relief for small businessmen

The GST council in its ongoing meeting has decided to provide huge relief to small traders and manufacturers, sources told Zee Media. According to sources, the GST Council has decided now the manufacturers having turnover of Rs 1.5 crore can also avail benefits of composition scheme. Watch this video to know more.

Jan 10, 2019, 14:14 PM IST

MoS Finance assures difficulties will be addressed by GST council

Under the composition scheme, the tax rate for traders of goods will be 1 per cent, 2 per cent for manufacturers and 5 per cent for restaurants and suppliers of food or drinks. 

Oct 07, 2017, 16:20 PM IST