https://www.taxtmi.com/article/detailed?id=579 The proposal establishes a dual GST system-Central GST and State GST-with an IGST mechanism for inter state supplies, subsuming central excise, service tax, additional customs duties and state VAT/sales tax, entertainment and luxury taxes; it provides for PAN based registration, periodic CGST and SGST returns, IT enabled administration, zero rating of exports, full set off on imports, composition schemes and threshold exemptions, while highlighting unresolved issues on rates, credit transition, treatment of excluded levies and centre-state revenue sharing. en-us Mon, 30 Nov 2009 00:00:00 +0530 Wed, 04 Feb 2015 19:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=579 The proposal establishes a dual GST system-Central GST and State GST-with an IGST mechanism for inter state supplies, subsuming central excise, service tax, additional customs duties and state VAT/sales tax, entertainment and luxury taxes; it provides for PAN based registration, periodic CGST and SGST returns, IT enabled administration, zero rating of exports, full set off on imports, composition schemes and threshold exemptions, while highlighting unresolved issues on rates, credit transition, treatment of excluded levies and centre-state revenue sharing. Articles Goods and Services Tax - GST Mon, 30 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=579