Yesterday GSt council announced new rules with cut in GST. New rules are as following:
|Before %||New %|
|Sliced dried mango||12||5|
|Unbranded Ayurvedic medicine||12||5|
|Some parts of pumps||28||18|
When initialy GST announced Small Businesses with sale up to Rs.1.5 should fill their TAX on monthly basis, but now with GST rules they can fill their TAX on every 3 months.
Before customers has to provide their PAN card copy of purchase more than 50,000 but now they do not need provide any ID proof upto 2 lakh.