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for instance in case of provider tax – you levy services tax on expert services you provide and when depositing this tax you normally takes credit score of service tax paid by you on products and services applied as inputs. This cascading gain shall even be offered in case of GST.
The result was th
Registration is normally performed online or at a authorities Business office, and it’s a method to verify Absolutely everyone who really should shell out taxes is known into the tax authorities.
There was no unified and centralised tax on equally items and services. Hence, GST was launched. less t