![GST Council Meet LIVE: Eating Out to Get Cheaper; Relief for Exporters](https://cdn.popochek.com/news/46/fc/4d/46fc4dbcca6ca97fb34de3df8ce71f3e-b.jpg)
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Finance Minister Arun Jaitley on Friday said the Goods and Services Tax (GST) Council addressed the concerns of small traders in its meeting. He announced e-wallet for every exporter from April 1, 2018.
Eating out is set to become cheaper with the GST council in-principle agreeing to reduce the GST rate from the current 18 percent to 12 percent. Finance Minister Arun Jaitley announces that a group of ministers will relook tax on AC restaurants. He also said on-composition scheme taxpayers with turnover up to Rs 1.5 crore can now file quarterly returns.
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