Payments Exempted under Reverse Charge Mechanism Exempts payment of tax under reverse charge basis in terms of section 9(4) of the CGST Act, 2017, section 5(4) of the IGST Act, 2017 & section 7(4) of the UTGST Act, 2017 till 31.03.2017. Composition Scheme The composition scheme threashold has been increased to 1 crore for taxpayers … Continue reading “Notifications Passed in Relation to 22nd GST Council Meeting”