from idli batter to raincoats, 30 common use items to get cheaper: 10 points
Deadline for submission of GSTR2 (
Purchase Returns)and GSTR-3 (match of GSTR-1 and GSTR-2)
The minister of income, Hasmukh Adhia, said that July had been extended to October 31 and November 10, respectively.
\"Due to the heavy workload, the Council itself has decided on a new schedule for the submission of returns.
\"Due to the load of the system, we want to give taxpayers enough time,\" Mr Jaitley told reporters after the meeting . \".
A ministerial committee has been set up to study the technical problems faced by the commodity and service tax Network, which is the IT pillar and portal for registration and tax declaration under the commodity and service tax system.
The government has decided to raise cess in the medium term. and large-
Cars and SUVs of the size.
It decided to implement 2% cess growth for mid-
Market segments, large cars accounted for, suv accounted for 7.
However, the current situation of small cars has remained unchanged (
Gasoline and diesel), 13-
Seaterand hybrid car.
The GST tax rate for about 30 items such as grilled grams, idli/dosa batter, fritters, raincoats, rubber bands has been reduced.
Mr. Jaitley also said that companies that registered their trade marks in May 15, 2017 must pay a 5-cent GST.
The commission exempts artisans and folk artists with annual turnover of up to Rs 20 crore from registration under GST.
Finance minister Amit Mitra of West Bengal said 21 meetings of the highest decision-making body on goods and services tax exempt clay idols from taxes.
Also interv does not need to register
He added that national work is effective.
For artisans, artists, folk and tribal arts, registration of Rs 20 is not required at most (turnover).
Clay idols are exempt now.
At work.
\"State, you don\'t need any registration right now, with a maximum turnover of Rs 20,\" he said . \".
According to the government work contract, the tax rate dropped from 18 percentage points to 12 percentage points.
\"This will save the government a lot of taxes,\" Mitra said . \"
Through the Hadi and rural industrial Council Act of 1956, Hadi fabric (KVIC)
The store will be exempted according to the goods and services tax.