The key decisions that the GST Council is expected to announce at its Guwahati meeting today. Guwahati: The GST Council is likely to announce relief for consumers and big and small businesses at its meeting in Guwahati on Friday. The GST Council, comprising the Union finance minister and state finance ministers, is the apex decision-making authority on the goods and services tax. “This GST Council meeting will be big on optics,” said a state finance minister who declined to be identified. “We will also push for raising the eligibility threshold for the composition scheme to Rs2 crore sales,” said this official.

Source: Mint November 09, 2017 16:41 UTC