- Finance Minister addresses GST transition concerns for businesses with large inventories.
- Transitional tax credits for hardware association are not allowed under GST framework.
- Automobile dealers can use bonded warehouses to manage tax liabilities.
- GST may cause mild inflation but is expected to stabilize prices.
- Government has taken measures to minimize inflationary impacts and improve the tax system.
Source: thebhutanese.bt
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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