28th GST Council Meet: Now, Only 35 Goods In 28% Bracket; Simplified return format.

28th GST Council Meeting

The GST Council in its 28th meeting held yesterday has approved the new return formats and associated changes in law. The formats and business process approved today were in line with the basic principles with one major change i.e the option of filing quarterly return with monthly payment of tax in a simplified return format by the small tax payers.

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