20 per cent cashback on online B2C transactions via BHIM, RuPay and UPI.
A ministerial panel consisting of 6 members for MSME issues.
To provide a threshold exemption of Rs 20 lakhs for Inter-state supplies.
To increase the exemption limit for compulsory generation of e-way bills to Rs 1 lakh or even being made exempt for movement within some States.
To bring down the tax rates for SME units manufacturing agro products to a maximum of 5%.
To sped-fasten the sanctioning of GST refunds particularly for this sector as it faces a slowdown scare due to working capital clogs.
To introduce a new definition to MSME from a turnover perspective to align it with GST laws.
To put an end to the disputes that arose during VAT regime and still pending closure.
A clear call to be taken through a one-time resolution applicable to all States for this.
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Blog source : GST Council official
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