GST rates for SMEs need restructuring : Hasmukh Adhia
According to Revenue secretary Hasmukh Adhia, the government needs to restructure GST rules to make it easier for small businesses.
According to Revenue secretary Hasmukh Adhia, the government needs to restructure GST rules to make it easier for small businesses.
Giving a big relief to SMEs and exporters, In its 21st meeting, GST Council has recommended a number of changes in the GST rules.
22 states have removed the check posts for the proper and smooth functioning of GST in the country. 8 states haven't abolished it yet
Hasmukh Adhia has clarified that the users do not have to pay GST twice for the payment of utility bills, as circulated through a message on WhatsApp.
Revenue Secretary Hasmukh Adhia has hinted towards India moving to a single or dual rate GST in the coming time.
Cabinet Secratary PK Sinha has advised all the ministries to set up GST cells to address the basic issues faced by the general public and industry bodies.
The inflation is likely to fall by 2% with the implementation of GST, says Revenue Secretary Hasmukh Adhia. This brings in optimism in the traders as well as consumers.