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BIG BREAKING|GST COUNCIL MEETING DECISIONS|MAJOR CHANGES APPROVED BY GST COUNCIL IN GST LAW

BIG BREAKING|GST COUNCIL MEETING DECISIONS|MAJOR CHANGES APPROVED BY GST COUNCIL IN GST LAW

In this video we will dsicuss about the major decisions taken by gst council in its 32nd meeting on 10.01.2019. Registration threshold in gst has been increased from 20Lacs to 40Lacs. Limit for gst composition scheme increased to 1.5 Cr. Supplier of services will be allowed to opt for composition scheme in gst.Annual return and quarterly tax will be allowed for gst composition taxpayers.Also free gst accounting and biiling software will be provided by GSTN to small dealers.
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