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July 27th, 2019 saw the 36th GST Council Meeting through a video conference. The meeting was primarily called to decide GST rate cut on electric vehicles that are currently taxed at 12%. The council was also likely to decide the valuation of goods and services in solar power generating systems and wind turbine projects for the purposes of levying GST.
Here's a graphical representation of the crucial decisions taken during the 36th GST Council Meeting.
Need detailed information about the changes? Read on...
GST Accounting – How to Pass Entries under GST?
Postponement of Audit Trail Rule in Accounting Software to 1st April,2022
Moving to New Financial Year
UPI Based Dynamic QR Code on B2C Invoices & Solution by Our Eco-system
Best E-Invoicing Software Solution for Businesses in India
HSN Code on Invoices Mandatory from 1st April,2021