Sunday, September 11, 2016

GOODS AND SERVICE TAX

GST is a game-changer for India

We hope that the standard tax rate would be kept at a reasonable level of 18 per cent which would greatly contribute to growth, employment and incomes, and boost Indian industry’s global competitiveness” 

To check inflation and check the tendency To evade taxes “the merit rate should be lower and the standard rate should be reasonable”

GST Law should provide for seamless movement of goods without any rigid administrative requirements that will delay transit and add to costs.

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