Tuesday, March 15, 2011

GOODS AND SERVICE TAX (GST)


  • GST proposed to be rolled out from April 2012.
  • No Final date from implementation announced yet.
  • Several proposals under the existing tax regime should facilitate a move towards GST.
  • Focus on building robust IT infrastructure.(GSTN)
  • Further rationalization of rates under Excise and Customs.
  • National Securities Depository Limited (NSDL) has been selected as technology partner

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