banner_ad

General and sales tax 2010

This query is : Resolved 

30 November 2008 It is proposed to introduce GST in 2010.
My question is
1 Will it impact the import into India,if so how?
2 How will GST affect the exports which are presently exempt from all types of taxes/duties ie excise,sales tax etc.
3 Is it confirmed that GST will definitely be implemented by 2010.
Thanks
J Kumar

30 November 2008 1 yes , it will affect customs act becz custom act is also to be subsummed.

2 all the exempted items will remain exempted as per proposals.

3 yes.

03 December 2008 People I have come across say that imports will become difficult/unviable once GST kicks in.Is it correct and if so why.
Thanks


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details