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GST Council announces cashback for Digital transactions

The GST Council meeting was held in the national capital on Saturday. The meeting, chaired by Finance Minister Piyush Goyal, was focused on the concerns and suggestions of the Micro, Small and Medium Enterprises.

Briefing media after the 29th council meeting, the finance minister said efforts made continuously to take steps to benefit MSME sector.

The Finance Minister added that customers making payments using Rupay card and BHIM or USSD mode, would get a cashback of 20% of the total GST amount, subject to a maximum limit of Rs100.

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