Monday, September 15, 2008

ONE NATION, ONE TAX GST: CENTRAL GOVT.

The Centre has pitched for a unified goods & services Tax (GST) model as opposed to the
position taken by the states. The empowered committee, which represents the states, had suggested separate goods and services taxes. The Centre, which is giving finishing touches to its response
to empowered committee’s report on GST, is understood to be in favour of the conventional model followed globally.

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