Cut GST for AC eateries, small businesses: Panel
Currently, manufacturers and restaurants with turnover up to Rs 1 crore pay GST under composition scheme at 2 percent and 5 percent respectively. The same for traders is 1 percent.
Oct 30, 2017, 08:55 AM ISTIce cream, tobacco makers can't opt for GST composition scheme
Ice cream, pan masala and tobacco manufacturers cannot opt for GST composition scheme under which businesses are allowed to pay lower tax rate if their turnover does not exceed Rs 75 lakh.
Jun 28, 2017, 17:52 PM IST