GST will impact on each and every industry & business in India.
Many of the companies had created multiple units in the past to save on taxes but such incentives will cease to exist under GST.
Glimpse of Invoices under Revised GST Model Law
Key takeaways of 10th GST Council meeting
Reverse charge mechanism and remission of tax under the GST regime
The Goods and Services Tax (GST) is a value added tax that will replace all indirect taxes levied on goods and services by the Government
In GST, credit will be allowed for almost each penny of tax paid on inward supplies.
Section 33: Furnishing details of inward supplies