sir i would like to know that upto which date government is thinking to implement goods and services tax..................
and what will gone be the major changes in goods and services tax pleasse inform me about it as soon as posssible i am waiting for your reply sir..................
GST Expected by 2014: Simplifying Taxes, Boosting Economy, and Improving Government Image Amid Political Challenges A discussion forum participant inquired about the implementation timeline and major changes associated with the Goods and Services Tax (GST). A respondent suggested that GST might be implemented in 2014, with the GST Network launching in October 2012, aiming to eliminate the cascading effect of taxes and boost the economy. Another contributor mentioned the lack of formal government communication but viewed GST as essential for improving the government's image. They noted that due to the current political scenario, implementation might not occur before 2014, emphasizing GST's potential to streamline state indirect taxes and simplify the credit process. (AI Summary)
Goods and Services Tax - GST