The Ministry of finance has issued FAQs on Goods & Services Tax on 3rd August, 2016. The copy of the said FAQs is given below:-
The GST Constitutional Amendment Bill paves the way for a pan-India Tax regime and a unified market across the Country, ending the multiplicity of Central and State Taxes. Because it seeks to amend the Constitutional, it needs two-thirds of both houses to vote in its favour. Key features of the bill as passed by the Lok Sabha is given as under.
tax 'N' accounts people
Tarun Kumar Gupta
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