Subdued demand may force relook at GST composition scheme
With just about one lakh of 70 lakh businesses opting for GST Composition Scheme, tax authorities are reviewing why the scheme that allowed such entities to pay a fixed 1-5 percent tax, has not clicked.
Jul 30, 2017, 16:54 PM ISTNo GST on sale of old jewellery, cars by individuals
Revenue department officials said the same principal will apply on sale of old cars or two-wheelers and no GST will be payable even though the supply would be for a consideration.
Jul 13, 2017, 20:00 PM IST