November 23, 2024 06:09 (IST)
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'Third World War has begun:' Ex-Ukraine military commander-in-chief Valery Zaluzhny | UK-India Free Trade Agreement negotiations to resume in early 2024 | UK can arrest Benjamin Netanyahu if he visits country based on ICC warrant | Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma

27th GST council meeting discusses change in GST rate for digital transactions

New Delhi, May 4 (IBNS):  The Goods and Services Tax Council on Friday discussed in detail the proposal of a concession of 2% in GST rate [where the GST rate is 3% or more, 1% each from applicable CGST and SGST rates] on B2C supplies, for which payment is made through cheque or digital mode, subject to a ceiling of Rs. 100 per transaction, so as to incentivise promotion of digital payment.

GST Council approves rate change for 29 goods, 53 categories of services

New Delhi, Jan 18 (IBNS): The Goods and Services Tax (GST) Council on Thursday approved a change in tax rates of 29 goods and 53 categories of services.