SMEs with annual turnover of up to Rs 1.5 cr can file quarterly returns

New Delhi: In a relief to small and medium enterprises, the GST Council today raised the turnover threshold to Rs 1 crore for businesses to avail of the composition scheme that allows them to pay 1-5 per cent tax without...

by Nagpur Today | Published 7 years ago
By Nagpur Today On Friday, October 6th, 2017

SMEs with annual turnover of up to Rs 1.5 cr can file quarterly returns

New Delhi: In a relief to small and medium enterprises, the GST Council today raised the turnover threshold to Rs 1 crore for businesses to avail of the composition scheme that allows them to pay 1-5 per cent tax without...