How many amendments of GST Laws were approved in a Cabinet meeting cha – InterviewSolution

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1.	How many amendments of GST Laws were approved in a Cabinet meeting chaired by Prime Minister Narendra Modi on 1st August 2018?
Answer» In a Cabinet meeting chaired by Prime Minister Narendra Modi amendments of GST Laws were approved. It has 46 amendments. It includes hiking threshold limit to Rs.1.5 crore, allowance of employers to claim input tax credit on food, transport and insurance provided to employees under any law. It also has modification of reverse charge mechanism, separate registration for companies having different business verticals, cancellation of registration, new return filing norms and issuance of consolidated debit/credit notes covering multiple invoices.

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