PTI Photo by Atul Yadav The GST Council, chaired by Union Finance Minister Arun Jaitley. Prime Minister Narendra Modi had asked the GST Council to review all the problems arising from the new indirect tax regime. The council deliberated on GSTN glitches and issues faced by exporters.
Tax refunds of July and August for exporters to be processed from October 10, says Finance Minister Arun Jaitley.
E-wallet for exporters to start from April 1, 2018, says FM Arun Jaitley.
Compliance burden of medium and small taxpayers in GST being cut; eligibility of Composition Scheme raised to Rs 1 cr: FM.
Businesses with turnover of up to Rs 1.5 crore allowed to file quarterly returns as against monthly filings: Jaitley.
E-way bill to be implemented from April 1, says FM Jaitley.
GST rate on 27 items reduced: FM Jaitley.
Khakra and plain chapattis reduced to 5%
Many stones used in flooring, except marble and granite – will be now taxed at 18% instead of 28%
