The 22nd GST Council Meeting was held at New Delhi on the 6th of October 2017. In the meeting, various decisions and changes pertaining to GST have been announced which are given below:-

• Businesses having turnover up to Rs 1.5 crore will file quarterly returns, not monthly returns.
• Compliance burden of medium and small taxpayers in GST being cut; eligibility of composition scheme raised to Rs 1 crore.
• Traders will pay 1%, manufacturers 2% and restaurants 5% under the composition scheme.
• E-way bill rules shall be introduced in a staggered manner across India from 1st January 2018 to 1st April 2018.
• Refund cheques for July exports will be processed by Oct 10 and refund cheques for August exports will be processed by Oct 18.
• E-wallet for each exporter to be made and notional amount as advance refund will be given. It will be initiated on 1 April 2018.
• GST rate on 27 items reduced.
• GST on unbranded Ayurvedic medicines has been reduced from 12% to 5%.
• Tax rate for man-made yarn has been reduced to 12% from 18%.
• Goods Transport Agency was not extending services to unregistered persons and were in many cases requesting GSTIN for transporting goods. The GST Council in the 22nd meeting has clarified that GTAs will not need any GSTIN for providing transportation services, thereby removing the hardship faced by SMEs.
• The due date for filing GSTR 4 return for July to September 2017 by taxpayers registered under composition scheme has been extended to 15.11.2017.
• TDS and TCS provisions of the GST is applicable to certain Government Department and E-Commerce Operators. To help the taxpayer ecosystem gradually absorb the changes in the indirect tax regime, the Government has decided to postpone the TDS/TCS registration and procedures to 31st March 2018.