GST Council raises composition scheme limit to Rs 1.5 crore: Arun Jaitley

Updated:1 week, 3 days ago IST

New Delhi, Jan 10 (ANI): Union Finance Minister Arun Jaitley on Thursday said that the limit composition scheme will increase to Rs 1.5 crore from April 1. By opting for the composition scheme, small taxpayers can avoid tedious paperwork and pay GST at a fixed rate of their turnover.

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