GST For Traders by Vivek Laddha

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  • The GST Council raised the composition scheme threshold to Rs 1 crore from Rs 75 lakh, allowed smaller businesses with a turnover of up to Rs 1.5 crore to pay tax and file returns quarterly instead of monthly, exempted exporters from payment of tax under various promotion schemes, deferred implementation of the tax deduction at source and collection at source provision to April 1 next year and suspended the reverse charge mechanism until the fiscal year-end.
  • The council also slashed tax rates on 27 items including sliced dried mango, khakhra, manmade yarn, stationary items, e-waste, plastic waste, rubber waste and job-work services while deciding to adopt a concept paper on the tax rates that would form the backbone of all changes in future.
More Information
Product NameGST For Traders by Vivek Laddha
ISBN / Product Code9789386635488
AuthorVivek Laddha
Year Of Publication2018
BindingPaperback
PublisherTaxman Publications
General BooksIncome Tax & GST
Subject : College BooksIncome Tax Law & Practice
HSN Code4901
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