What is proposed GST's impact on Government Revenue? What
is the proposed Tax rate? What is the proposed Tax
Structure (Central GST and State GST) ? Whether it is
good/bad to Govt./Consumers/manufacturers?
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Answer Posted / h.r. sreepada bhagi
The Central Government of India has proposed to implement
GST w.e.f. April,2010. One needs to wait till the law is
enacted and implemented to know the details and it needs a
year or two there after to assess the implication on various
business sectors and Central & State Governments.
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