In discussions within the ministry, it has been said that Goods and Sales Tax (GST) exemption or deferral is not required as it would not given any benefit to industry but seriously impact the revenues of both the states and the Centre.
Source: a2ztaxcorp.com
Latest Posts in "India"
- Madras HC Advocate Accuses Flipkart of Exploiting GST Loopholes, Urges Government Action
- India’s GST Evolution: From 2017 Launch to 2025 Reforms and Future Prospects
- US imposes additional tariffs on India for buying oil from Russia
- GST Council to Discuss Simplifying Tax Regime, Reducing Levies on Cement, Services, and Insurance
- GST Council to Discuss Moving Food, Textile Products to 5% Tax Bracket in September Meeting