EXAMINE THIS REPORT ON HISTORY OF INDIRECT TAX

GST on expert services supplied by condition Govt. to their undertakings or PSUs By means of guaranteeing financial loans taken by them considering the fact that there were a lot of taxes, the whole process of paying them was very hard and more info time-consuming. This brought about many troubles, like delays inside the transportation of products

This brought about a cascading result of taxes. beneath GST, the tax levy is barely on the net price additional at Every single phase of the supply chain. This has aided eliminate the cascading impact of taxes and contributed into the seamless move of input tax credits across both equally merchandise and products and services. immediate taxes, wit