Relief to MSMEs & exporters, rate cut for 60 items, on GST Council’s agenda

GST Council likely to decide on easing tax compliance requirements for MSMEs and introduction of quarterly return filing for businesses with turnover upto Rs 1.5 Cr, at today’s meet; Council may cut tax rates for about 60 goods and services; Exporters may get refunds through e-wallet; It may also consider deferment of reverse charge mechanism, while reopening registration window for composition scheme upto March 31, 2018;  Additionally, there is a propos...