Saturday 28 January 2017

PROPOSED TAXES TO BE SUBSUMED UNDER GST


The GST would replace the following taxes:
(i) Taxes currently levied and collected by the Centre:
a. Central Excise duty
b. Duties of Excise (Medicinal and Toilet Preparations)
c. Additional Duties of Excise (Goods of Special Importance)
d. Additional Duties of Excise (Textiles and Textile Products)
READ MORE AT:

No comments:

Post a Comment

Whether sale of old Gold eligible to GST under RCM?

Section 9(4) of CGST Act mandates that tax on supply of taxable goods by an unregistered supplier to a registered supplier...