The GST Council doubles the limit for exemption from payment of GST to Rs 40 Lakh and announces that the higher turnover cap of Rs 1.5 cr for availing composition scheme of paying 1% tax will be effective from April 1.

The GST Council doubles the limit   for exemption from payment of GST to Rs 40 Lakh and announces that the higher turnover cap of Rs 1.5 cr for availing composition scheme of paying 1% tax will be effective from April 1.