August 18, 2019
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GST council set to close loopholes created by ‘Composition Scheme’

There have been reports that some business conglomerates are misusing the provisions of ‘Composition Scheme’ which is aimed at helping small business entities functioning in the country. It seems that the authorities have identified this loophole created by one of their schemes related to the Goods and Services Tax. In the twenty-third GST council meeting, […]Continue Reading