GST Council rates: Govt reduces GST rates on 27 items, gives relief to traders, exporters - News Summed Up

GST Council rates: Govt reduces GST rates on 27 items, gives relief to traders, exporters


GST Council +Good and Simple Tax (GST) becomes even simpler. — Narendra Modi (@narendramodi) 1507307862000Composition scheme has been made more attractive & other facilitation measures will make the GST even more people-friendly & effective. — Narendra Modi (@narendramodi) 1507308044000GST is in line with our constant endeavour to ensure interests of our citizens are safeguarded & India's economy grows. One of the major compliance issues of the new tax system has been the cumbersome return filing process which requires traders to file three returns a month. Service providers cannot opt for the scheme.The GST Council also reduced rates for a bevy of goods and services.


Source: Times of India October 06, 2017 14:44 UTC



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