GST, which subsumed indirect taxes like excise duty, service tax and VAT, was rolled out from July 1, 2017. The five year period for compensation ends in June 2022.from Economy-News-Economic Times https://ift.tt/3o5PYQ2
Tuesday, November 30, 2021
Centre committed to compensate states for 5 yrs for revenue loss due to GST roll out: FM Nirmala Sitharaman
GST, which subsumed indirect taxes like excise duty, service tax and VAT, was rolled out from July 1, 2017. The five year period for compensation ends in June 2022.from Economy-News-Economic Times https://ift.tt/3o5PYQ2
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