India proposes to introduce a dual system of GST, with taxes imposed at both federal and state levels and a further distinction between GST on goods and GST on services. The relative complexity of the current model has prompted the development of the plan to move to the Goods and Services Tax (GST) in the expectation that it will create a simplified and integrated system of indirect taxation. The introduction of a dual GST will be, in effect, an integration and rationalisation of the existing regimes at both federal and state levels. Equally however, it is fundamentally different from the present regime in a variety of ways.
Delhi
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