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Economy & Business · Question 79 of 80

Question 79

MediumOriginal question

The 57th GST Council meeting, in October 2026, approved in principle an optional scheme for small consumer-facing businesses with turnover up to how much?

Options for question 79

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. The Council approved in principle an optional scheme for such businesses with turnover up to ₹5 crore.

  2. The meeting's focus was process: registration, returns, refunds and adjudication.

Concept
57th GST Council: small businesses
Typical time
50 s
Your time
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Ten questions from Economy & Business, at your own pace.

Written from
pib.gov.in
Practise this chapter →

Ten questions from Economy & Business, at your own pace.