Additionally, those with a turnover up to Rs 1.5 crore can opt for the composition scheme and pay only 1 per cent tax. For services, businesses with turnover up to Rs 20 lakh in a year are GST exempt....
More than 66 crore GST returns have been filed so far," it said in a series of tweets. The multiple markets across India, with each state charging a different rate of tax, led to great inefficiencies and costs of compliance....
Compared to this, the weighted GST rate at present, according to t
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2021-07-01 00:00:00.0