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    <description>Goods and Services Tax, effective 01.07.2017, subsumed prior central and state indirect taxes into CGST and SGST; registered suppliers must charge GST on taxable supplies. Electricity charges, salaries and wages, and interest were identified as not subject to GST, while other expense heads may be taxable depending on whether the entry is a supply of services or a purchase of goods; purchases of capital assets were treated as out of scope whereas repairs and installation are taxable services.</description>
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      <law>Service Tax</law>
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