NEWS & UPDATES

August 8, 2016

GST is a type of BIT (Blanket Indirect Tax). It will subsume many indirect taxes. These include VAT (value added tax), state taxes, excise duty, entertainment tax, central surcharges, luxury tax as well as many related taxes levied by local groups. GST is expected to be at 18%. Also, the government is planning to implement GST by April 2017...

In layman te...

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