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The Goods and Services Tax (GST) is a successor to VAT used in India on the supply of goods and service. Both VAT and GST have the same taxation slabs. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes.
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When GST is combined with progressive taxes, and the revenues distributed to the poor, the total fiscal structure can be progressive. [25] The preceding months before the GST became active saw a spike in consumption as consumers rushed to purchase goods that they perceived would be substantially more expensive with the GST.
DanielleO'Connor,RPR,CRR215-683-8023 1 IN THE COURT OF COMMON PLEAS FIRST JUDICIAL DISTRICT OF PENNSYLVANIA CIVIL TRIAL DIVISION - - - INRE: RISPERDAL®LITIGATION
SoftMaker Presentations is a presentation program compatible with Microsoft PowerPoint and its .pptx, .ppt, and .pps files. It is sold as part of SoftMaker Office but also released as registerware. [3] The application is available for Windows, macOS, Linux as well as Android and iOS.
Goods and services are divided into five different tax slabs for collection of tax - 0%, 5%, 12%, 18% and 28%. However, petroleum products, alcoholic drinks, and electricity are not taxed under GST and instead are taxed separately by the individual state governments, as per the previous tax system.
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