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Highlights of 29th GST Council Meeting dated 4th August 2018

Looking for the updates of the 29th GST Council Meeting? Here are the most important.

  • Digital Transactions:

20% cashback for the GST paid, capped at Rs 100. via BHIM app, Rupay, Debit Card Etc. Any State willing to develop such software can implement the same on a pilot basis.

 

  • MSMEs:

GST council has decided to form a sub-committee under the leadership of Shiv Pratap Shukla, Minister of State for Finance. This Committee will do an in-depth study of the issues of MSMEs and Small Taxpayers and thereafter will put suggestions before GST Council.

 

Hope this article was helpful. Refer to the topics discussed in the 30th GST council meeting 

 

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Tags: 29th GST Council MeetingGST council meeting
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