Home Current Affair May 2018 Accessories will be Cheaper on Cashless Transactions, GST will Decide in the Meeting

Accessories will be Cheaper on Cashless Transactions, GST will Decide in the Meeting


The Modi government is constantly working to promote cashless transactions. For this, he is giving discounts to the common man at many places. Now the government can extend this exemption further. The government can provide relief in cashless transactions in GST on luggage. In this way you will be cheaper to buy goods than others.

The meeting of the GST Council is to be held on May 4. In this meeting, the council can give discounts on purchases to those who make digital payments. In this meeting, 2% discount on GST rate can be given on cashless transactions. However, the maximum limit for this discount can be 100 rupees. This benefit can be found in Business-to-Consumer Transactions.

Published On : 01 May 2018

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