GST Council meet today to announce measures easing trader, exporter woes

A few measures to facilitate the troubles being looked by merchants inferable from GST are probably going to be reported after the GST Council's meeting on Friday after Prime Minister Narendra Modi met Finance Minister Arun Jaitley and BJP President Amit Shah here and examined the condition of the economy and ventures to resuscitate development.

While Amit Shah cut off his voyage through Kerala, Jaitley came back from Dhaka for the meeting with Modi, who on Wednesday night set up a solid safeguard of the administration's treatment of the economy and hit back at faultfinders saying they were spreading cynicism all around.

Jaitley himself declined to unveil anything about the dialogs at the Prime Minister's meeting with him and the gathering president. It is comprehended that after the GST Council meeting on Friday, there could be declarations like less demanding discount of info credit for exporters, conceding of turn around charge instrument for unregistered dealers and guarantee of no enquiry into the expense matters of the past VAT administration of aberrant duties.

In his discourse at the Institute of Company Secretaries here on Thursday, the Prime Minister had guaranteed the merchants that the administration would not delve into the past through any review examination of dealers joining the formal economy…Read More


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