Raise GST exemption threshold to Rs 1.5 cr, do away with state-wise registration of biz: GTRI

The Goods and Services Tax Council should consider raising the GST exemption threshold to Rs 1.5 crore annual turnover and also do away with the requirement of state-wise registration, which would help ease compliance, economic think tank GTRI said on Friday.  The GST network has over 1.4 crore registered taxpayers, making it the largest global platform for indirect taxes.  "Th…