The GST Council on Friday announced huge changes to the Goods and Services Tax Bill(GST) leading to major tax rate cut of various items. The GST Council announced six-month tax relief for exporters. To break it down further, here's some FAQs regarding the composition scheme:What is composition scheme? It has been decided that such persons who are otherwise eligible for availing the composition scheme and are providing any exempt service, shall be eligible for the composition scheme. What is the last date of filing return for this year under composition scheme?

Source: dna October 07, 2017 03:43 UTC