GoM favours deferment of sops for digital payments under GST by a year

The Sushil Modi led ministerial panel will recommend to the  GST Council to defer by a year the proposal to incentivise digital payments under GST, citing revenue implications of doling out concessional tax rate.  The panel, in its meeting today, has decided to wait for stabilisation of revenues under Goods and Services Tax and the new return filing systems in the current fiscal before c…