https://www.taxtmi.com/forum/issue?id=114218 GST creates a multi-slab tax regime capped at a top rate and aims to simplify indirect taxation, reduce tax cascading, and lower consumer prices. It modifies inter-state taxation by providing a unified framework for cross-border supplies, easing procedural frictions. Eligible small taxpayers may use the composition scheme, which simplifies compliance and requires quarterly return filing. en-us Wed, 10 Oct 2018 11:57:44 +0530 Thu, 23 Jan 2025 15:55:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114218 GST creates a multi-slab tax regime capped at a top rate and aims to simplify indirect taxation, reduce tax cascading, and lower consumer prices. It modifies inter-state taxation by providing a unified framework for cross-border supplies, easing procedural frictions. Eligible small taxpayers may use the composition scheme, which simplifies compliance and requires quarterly return filing. Discussion-Forum GST Wed, 10 Oct 2018 11:57:44 +0530 https://www.taxtmi.com/forum/issue?id=114218