https://www.taxtmi.com/news?id=18229 The central action is the nationwide implementation of the Goods and Services Tax on the scheduled date, requiring registration and migration of existing central excise, service tax and state VAT taxpayers, mandatory online return filing, and acknowledging potential short-term disruptions; the government has relaxed initial filing deadlines, expects rate equivalence to preserve tax incidence, anticipates revenue protection through reduced evasion, and adopts an anti-profiteering deterrent alongside a compensation framework conditional on state adoption. en-us Tue, 20 Jun 2017 18:54:00 +0530 Tue, 20 Jun 2017 18:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18229 The central action is the nationwide implementation of the Goods and Services Tax on the scheduled date, requiring registration and migration of existing central excise, service tax and state VAT taxpayers, mandatory online return filing, and acknowledging potential short-term disruptions; the government has relaxed initial filing deadlines, expects rate equivalence to preserve tax incidence, anticipates revenue protection through reduced evasion, and adopts an anti-profiteering deterrent alongside a compensation framework conditional on state adoption. News - Tue, 20 Jun 2017 18:54:00 +0530 https://www.taxtmi.com/news?id=18229