HISTORY OF INDIRECT TAX NO FURTHER A MYSTERY

it's contributed to the general simplicity of undertaking business enterprise in India and simplified taxpayer compliance to a massive extent. The government also programs to introduce a centralised portal shortly for all indirect tax compliance which include e-invoicing, e-way payments and GST return submitting. as time passes, The federal govern

GST, with its Input Tax credit score mechanism, effectively minimizes the cascading outcome of tax. This cascading effect is usually referred to as tax on tax. Also, the transparency offered by GST has minimized the chances of tax evasion and bolstered federal government revenues. Furthermore, immediate taxes are calculated based upon the paying