GST

Hi,

GST means the combined goods and service tax .....in the line of Indirect tax reforms ...our govt. was supose to introdue this w.e.f. 01.04.2010 but due to non receipt of  consensus  of some state govt.'s on rates of GST and other constitutional and legal amendements  it may be missing the deadline and looks like to be delayed at least by 1 year.

Rates issue is under consideration by govt. ..and ..Likely rates shall be within the range of 14% - 18 %

Regards,

MP Singh