Goods and Service Tax Law is a multi-stage and destination-based tax. It was passed in the Parliament on 29th March 2017 and came in effect on 1st July 2017. The ultimate goal of this tax is to remove all indirect taxes and only GST will be levied. This is divided into five tax slabs for collection of tax- 0%, 5%, 12%, 18% and 28%. However, petroleum products, alcoholic drinks,...
GST: From Introduction To Implementation Of Goods And Service TaxREAD MORE
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| Written By: Madison Bailey Published in BASIC-INCOME | ||
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