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Analysis: What the new GST sops mean for taxpayers

Updated : January 23, 2019 06:35 AM IST

With these sops in place, some more simplification has been extended as a New Year gift from political parties as elections approach.
This move to double the threshold for GST registration to an annual turnover of Rs 40 lakh/20 lakh would result in more than 50 percent of the registered dealers falling out of the tax net and may have an insignificant revenue impact. 
Analysis: What the new GST sops mean for taxpayers
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