Tuesday, 6 September 2016

GST to bring biggest business reform Tax expert.


The proposed Goods and services (GST) tax regime is set to bring in biggest business reform, a tax expert said here today.
GST is just not tax reform. I say it is going to biggest business reform.
GST is just not tax reform. I say it is going to bring business reform. I say it is going to bring biggest business.
According to him the implications will not be the same for all and depend on how each one does business.
Referring to various concerns of a few sectors on the issue. Jain urged that unless these correct they might have to suffer. Besides highlighting benefits of GST.
Panda said that he has raised at several locations of the draft, word service is missing instead of goods and services tax in Chartered accountant in Delhi.
I don’t know whether it is deliberate or mistake. I have already raised it.

According to draft GST those not registered with excise cannot claim stock credit. 

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