https://www.taxtmi.com/news?id=13610 The Goods and Service Tax (GST) is designed as a single tax on value addition with seamless transferability of input tax credit across the value chain, incentivizing compliance. The reform aims to harmonise indirect taxes, remove inter-state check-posts, implement robust IT systems, broaden the tax base, reduce production costs, and foster a common national market to improve competitiveness. en-us Fri, 28 Nov 2014 17:52:54 +0530 Thu, 05 Feb 2015 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13610 The Goods and Service Tax (GST) is designed as a single tax on value addition with seamless transferability of input tax credit across the value chain, incentivizing compliance. The reform aims to harmonise indirect taxes, remove inter-state check-posts, implement robust IT systems, broaden the tax base, reduce production costs, and foster a common national market to improve competitiveness. News - Fri, 28 Nov 2014 17:52:54 +0530 https://www.taxtmi.com/news?id=13610