The 55th GST Council Meeting, chaired by Finance Minister Nirmala Sitharaman, approved a reduction in the rate of compensation cess for supplies made to merchant exporters.
📡📡LIVE📡📡
Watch Union Minister for Finance and Corporate Affairs Smt. @nsitharaman during the press conference after the 55th meeting of the GST Council in Jaisalmer, Rajasthan.
⏰ 18.15 Hours IST
🗓️ 21st Dec. 2024
— Ministry of Finance (@FinMinIndia) December 21, 2024
This decision aims to improve the working capital flow for exporters, providing them with increased liquidity to enhance their operations and competitiveness in global markets.
Further updates on the meeting’s decisions are awaited…
