A short note on GST. Plz its urgent
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Goods and Service Tax (GST) Bill is all over the news these days. It is important for every one to understand it completely. Let’s do not waste any time and understand each and every perspective related to GST Bill.
The Goods and Services Tax bill, touted to be India's biggest tax reform, will simplify the current system of taxation. The bill will convert the country into a unified market by replacing all indirect taxes with one tax.
The Constitution (122nd Amendment) Bill, 2014 was introduced in LokSabha on December 19,2014. It was passed in that House on May 6,2015.
l hope it helps you.
Goods and Service Tax (GST) Bill is all over the news these days. It is important for every one to understand it completely. Let’s do not waste any time and understand each and every perspective related to GST Bill.
The Goods and Services Tax bill, touted to be India's biggest tax reform, will simplify the current system of taxation. The bill will convert the country into a unified market by replacing all indirect taxes with one tax.
The Constitution (122nd Amendment) Bill, 2014 was introduced in LokSabha on December 19,2014. It was passed in that House on May 6,2015.
l hope it helps you.
AnjaliAnju1:
thanks a lot
welcome
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gst is goods and service tax.the gst act was passed in the Lok Sabha on 29th march 2017.and came into effect on 1st July 2017.
in simple words gst is an indirect tax levid on the supply of goods that previously existed in India
in simple words gst is an indirect tax levid on the supply of goods that previously existed in India
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