Looking for a business loan


Thank you for your interest, our team will get back to you shortly

Please Fill the Details to download

Thank you for your response

Get Expert Assistance

Thank you for your response

Our representative will get in touch with you shortly.

India's #1 GST software

1 click autofill GSTR-3B with G1 and 2B data

Download 2B data for multiple months in < 2mins

GSTR-2B vs purchase matching in under 1 min

India's No 1 GST software

Save upto 7% in taxes

Claim 100% ITC and save ~4% GST

3x faster experience

Save 2 man days every GSTIN month

Easy to connect

Connect with 100s of ERP's, import data error-free

GST Council Meeting in Srinagar – Day 1 Briefing

The GST Council's fitment committee is currently discussing the rates for various products. Here are the updates from Day 1 of the meet in Srinagar today.

Updated on :  

08 min read.

After a full day of brainstorming on rate fitment, the all-powerful GST Council concluded day one of the two-day meet in Srinagar with some basic rules in place. The agenda for this meeting is to allocate various goods and services across five slab rates, viz. 0%, 5%, 12%, 18% and 28% and provide the final tax rates for GST implementation.

After today’s meeting, the Revenue Secretary, Mr. Hasmukh Adhia said that,”Nearly 81 percent of the items will fall under below-18 percent GST rate slabs and only 19 per cent of the goods will be taxed above 18 percent.” This is also in keeping with what most of the industry watchdogs have already conveyed. It was a foregone conclusion that most of the goods and services will fall under the tax bracket of 18% so as not to throw the economy a curveball.

inline CTA
India’s Fastest and Most Advanced 2B Matching
Maximise ITC claims, use smart validations to correct your data and complete 2B matching in <1 minute