Right time to expand GST coverage to all sectors; converge tax slabs: India Inc to GST Council
The all-powerful GST Council extended the tenure of the anti-profiteering authority by two years and approved imposing a penalty of up to 10 per cent on entities not passing on benefits of GST rate cuts to consumers.
The council also decided to allow the use of Aadhaar by businesses to register with GST-Network. Image source: Reuters