GST (Goods and services tax) – India – Tally Solutions Revised GST Rates to Watch Out For On the 10th of November, 2017, the GST Council meet for the 23rd time, and took a plethora of decisions – which aims to simplify GST and more importantly, attempts to make… The post Revised GST Rates to Watch Out For appeared first on GST (Goods and services tax) – India – Tally Solutions.
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The 21st GST Council meeting held at Hyderabad on 9th September 2017, discussed some of the crucial issues such as difficulties faced by the businesses in filing the return, increase on Cess on cars, proposals received from various trade associations to lower the rate of GST on certain products and so on. To facilitate the businesses in meeting the compliance standards, the following are key changes recommended by the GST Council Meeting. GST return due dates are extended In view of the difficulties faced by the businesses in filing returns in the GST Portal, the extension of the due date to file the return was one of most anticipated outcomes of the GST council. Understanding the plight of the businesses in […]