https://www.taxtmi.com/news?id=16462 GST establishes a dual GST model with concurrent CGST and SGST on intra state supplies and an IGST mechanism for inter state supplies to ensure seamless input tax credit flow; credits can be cross utilised between goods and services within CFST/SGST respectively but not between CGST and SGST except under IGST. Implementation subsumes central and state indirect levies, uses a shared IT platform for online registration, returns and payments, and provides a unified PAN based registration and streamlined compliance processes. en-us Wed, 03 Aug 2016 16:25:30 +0530 Wed, 03 Aug 2016 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16462 GST establishes a dual GST model with concurrent CGST and SGST on intra state supplies and an IGST mechanism for inter state supplies to ensure seamless input tax credit flow; credits can be cross utilised between goods and services within CFST/SGST respectively but not between CGST and SGST except under IGST. Implementation subsumes central and state indirect levies, uses a shared IT platform for online registration, returns and payments, and provides a unified PAN based registration and streamlined compliance processes. News - Wed, 03 Aug 2016 16:25:30 +0530 https://www.taxtmi.com/news?id=16462