Challenges In Implementation Of Gst Problems To Implement Gst
Challenges in implementation of GST (Goods and Service Tax). Goods and Services Tax (GST) one of the most ambitious tax reforms, undertaken by the Government, is all set to be implemented from July 1, 2017. GST will usher India into an era of One Tax, One Market and One Nation, thereby exerting a positive impact on the GDP and increasing the size of formal economy in the Country. Integrating all taxes levied on goods and services in a federal country with clear cut distribution of legislative powers, like India, is undoubtedly, a mammoth task....