The Government reduces tax rate on 66 items, increases the composition limit from INR 5 million to INR 7.5 million, and finalises accounts and records rules.
In brief At its sixteenth meeting, the GST Council decided to reduce the tax rates on 66 items out of the 133 items for which it had received representations. Read More »
Eleventh meeting of GST Council – GST Council clears CGST and IGST law
In a constructive meeting of the GST Council, various important aspects have been finalised. The CGST and IGST laws have been formally approved by the GST Council.Read More »
GST will be introduced in India on 1 April 2017, will you be ready? Please join our partners from our indirect tax practice in India, Pratik Jain and Denis McCarthy with our international indirect tax specialist from London, John Shuker to discuss the latest developments on the introduction of GST in India.Read More »