Wednesday, May 16, 2012

GOODS, SERVICES TAX MAY HAPPEN FROM APRIL 1, 2013??

For the first time, the Empowered Committee of State Finance Ministers has indicated that the Goods and Services Tax (GST) may be implemented by April 1, 2013. This indication comes after the Centre said it is willing to consider States' demand on the issue of compensation for reduction in Central Sales Tax.

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