https://www.taxtmi.com/acts?id=22604 The IGST Model secures an uninterrupted input tax credit chain on inter state transactions, prevents upfront tax payment and substantial funds blockage for sellers and buyers, negates refund claims in the exporting State by using ITC to pay tax, maintains tax neutrality, simplifies accounting with no extra compliance burden, and functions as a self monitoring mechanism that facilitates both B2B and B2C transactions while enhancing compliance and collection efficiency. en-us Thu, 22 Sep 2016 18:32:43 +0530 Thu, 22 Sep 2016 18:32:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=22604 The IGST Model secures an uninterrupted input tax credit chain on inter state transactions, prevents upfront tax payment and substantial funds blockage for sellers and buyers, negates refund claims in the exporting State by using ITC to pay tax, maintains tax neutrality, simplifies accounting with no extra compliance burden, and functions as a self monitoring mechanism that facilitates both B2B and B2C transactions while enhancing compliance and collection efficiency. Act-Rules Bills Thu, 22 Sep 2016 18:32:43 +0530 https://www.taxtmi.com/acts?id=22604