GST cashback to MSMEs on digital payments: Benefits and Eligibility
The Goods and Services Tax (GST) Council on August 4, 2018, gave a green signal to the proposal to offer GST cashback of 20 per cent to micro, small and medium enterprises (MSMEs) on the transactions made through RuPay and BHIM platforms, subjecting to a cap of ₹100 per GST transaction. This comes at a…