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RE: GST (GOODS AND SERVICE TAX)........India!!!! India!!!!

in #india7 years ago

@akshaykadre its a good introductory post. Today i found this in the search on steemit though it seems to be older than 7 days. The gst has kickstarted well in India and the first moth collection was more than $5 billion or Rs.42000 crores. There have been lot of resistance but finally the GST has marched ahead and is being accepted as the mechanism of indirect taxes, though these rates and slabs at which government is penalising is much higher than global peers i guess its technologically quite advanced infrastructure is being put in place. The money should be utilised for development of country and should not be wasted in the name of allotting contracts in the name of infrastructure development.

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