Govt doubles exemption limit in big GST relief for small businesses

Asit Ranjan Mishra asit.m@livemint.com NEW DELHI
NEWS


In a major relief to small businesses, the Goods and Services Tax (GST) Council on Thursday doubled the tax exemption limit to ₹40 lakh in annual revenue. The turnover limit for businesses availing of the composition scheme, which allows them to pay...

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