Council suspends RCM, postpones TDS/TCS operationalisation till March 31; Nationwide E-waybill rollout from April 1

GST Council announces increase in turnover threshold for composition scheme from Rs. 75 lakhs to Rs. 1 Cr including from J&K and Uttarakhand, while threshold for special category States increased to Rs. 75 lakhs; Said scheme shall be available to both migrated and new taxpayers upto March 31, 2018; Persons who are otherwise eligible for availing composition scheme and are providing exempt service, shall be eligible for composition s...