Traders' body CAIT on Friday urged finance minister Nirmala Sitharaman to defer the implementation of Rule 86B in goods and services tax (GST), whereby businesses with over Rs 50 lakh monthly turnover will have to pay at least 1 per cent of their GST liability in cash, terming it a "counter productive" measure that will increase the traders' compliance burden.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3poKn5u
CAIT urges FM to defer rollout of Rule 86B in GST
![CAIT urges FM to defer rollout of Rule 86B in GST]()
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December 25, 2020
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