GST rate rationalization benefits

GST Rate Rationalisation: Benefits, Impact, and Latest Updates

GST Rate Rationalisation After Item-wise Analysis In a significant move aimed at streamlining the Goods and Services Tax (GST) regime, the Government of India has initiated a thorough item-wise analysis to rationalize GST rates. This decision comes as part of ongoing efforts to simplify the tax structure and boost compliance across various sectors. The GST…

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Central Goods and Services Tax

Understanding CGST – Central Goods and Services Tax in India

“Understanding CGST – Central Goods and Services Tax” The introduction of the Goods and Services Tax (GST) marked a significant shift in India’s taxation system. This comprehensive tax reform aimed to streamline the tax structure, making it more efficient and less complex. Among the various components of GST, CGST or Central Goods and Services Tax…

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