Business houses get time till August 16 to opt for GST composition scheme

The government today extended the deadline till August 16 for businesses to opt for composition scheme under the GST regime. "With a view to ease the compliance burden of provisionally migrated small taxpayers opting to pay tax under the composition scheme, it has been decided to extend the time limit for filing intimation for composition levy up to August 16, 2017," the finance ministry said in a…