GST
This query is : Resolved
Nikhil Gupta
(Querist)
26 September 2009
Will the immplementation of GST, in any way affect the parallel No. 2 business in indian economy?
Is their any procedure in GST to track the parallel business or does it depend only on individualls to get their mind change for parallel business?
Is their any procedure in GST to track the parallel business or does it depend only on individualls to get their mind change for parallel business?
Rajesh Kumar
(Expert)
30 September 2009
Yes. It will reduce black money, unaccounted transaction and corruption.
Message likes :
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Nikhil Gupta
(Querist)
03 October 2009
can you please guide me that how will it reduce black money, unaccounted transaction and corruption??
what are the fillters in GST that will lead to reduction of the above??
does It just depend on an individuals wish that will reduce the above factors, because of the reduced and simplified tax burden or it will be the system that will compel an individual to reduce upon these factors???
what are the fillters in GST that will lead to reduction of the above??
does It just depend on an individuals wish that will reduce the above factors, because of the reduced and simplified tax burden or it will be the system that will compel an individual to reduce upon these factors???
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