21st GST Council meeting was held in Hyderabad on 9th September 2017. It was headed by our Finance Minister, Mr. Arun Jaitley. In this article, we will discuss the key decisions made at this meeting. Key Decisions Made in 21st GST Council Meeting 1. Dates Extension of GST Return Filing The actual dates for filing […]
Under the Composition Scheme, a registered taxpayer, whose aggregate turnover has not exceeded Rs. 75 Lakh in the preceding financial year will pay the tax quarterly at a rate more than 1%, 2.5% and 0.5% for the manufacturer, restaurant sector, and other suppliers respectively.