As business owners and professionals we need to adopt the GST regime. GST has been introduced to avoid dual taxation, increase the scope of Cenvat credit and much more. Know few Action points for adoption of GST..
With the issuance of revised model GST law, the countdown to implement much awaited Goods & Service Tax on 01.04.2017 has begun. It is required to recall here that on June 14th, this year, the aforesaid revised model was share for public feedback and now it is here with all the revisions based on the comments of public.