https://www.taxtmi.com/news?id=20204 The Goods and Services Tax is presented as a transparent and self-policing tax regime formed by subsuming various central and state taxes into a single levy to prevent cascading taxation, ensure uninterrupted flow of Input Tax Credit, rationalise tax incidence, and create a common national market; administrative measures such as abolition of checkposts and logistics streamlining are noted as facilitating movement of goods and enhancing competitiveness. en-us Thu, 28 Jun 2018 17:47:33 +0530 Thu, 28 Jun 2018 17:47:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20204 The Goods and Services Tax is presented as a transparent and self-policing tax regime formed by subsuming various central and state taxes into a single levy to prevent cascading taxation, ensure uninterrupted flow of Input Tax Credit, rationalise tax incidence, and create a common national market; administrative measures such as abolition of checkposts and logistics streamlining are noted as facilitating movement of goods and enhancing competitiveness. News - Thu, 28 Jun 2018 17:47:33 +0530 https://www.taxtmi.com/news?id=20204