ALSO READ: GST Council has done some work on rates to ease pain: Revenue Secretary Hasmukh AdhiaJaitley also announced that GST rates on 27 items have been reduced. The GST rate on e-waste has also been reduced to 5 per cent from 28 per cent. Over 15 lakh of the 90 lakh registered businesses have so far opted for the composition scheme. Service providers cannot opt for the composition scheme. It allows small businesses, including eateries, to pay 1-5 percent tax without having to deal with the three-stage filing process.

Source: Indian Express October 06, 2017 15:16 UTC