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India’s most ambitious indirect-tax reform is likely to roll out from 1 July 2017. The major objective of the Goods and Service Tax will be to eliminate cascading effect of indirect taxes. GST could be the biggest tax reform in India replacing existing Indirect taxes such as Excise, Value Added Tax (VAT), Service tax, etc., into one taxation system GST.
May 24, 2017 at 01:42PM
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from kapilca
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