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Month: September 2019

Changes in GST Rate on Good and Services – 37th GST Council Meeting

Changes in GST Rate on Good and Services – 37th GST Council Meeting

September 24, 2019

Decision taken in respect to rates relating to goods I. GST rates reduction, – Rated have been reduced from a) 18% to 12% on parts of Slide Fasteners b) 18% to 5% on Marine Fuel 0.5% (FO) c) 12% to 5% on Wet Grinders (consisting stone as a grinder) d) 5% to Nil on:- (i) …

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Law and Procedure related changes

Law and Procedure related changes

September 24, 2019

The GST Council, in its 37th meeting held today at Goa, following recommendations related to the law and procedure have been made Waiver of GSTR-9A for composition taxpayers for FY 2017-18 and 2018-19 Filing of GSTR-9 is made optional for taxpayers having turnover up to Rs. 2 Crore for FY 2017-18 and 2018-19 New GST …

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