Nagar Haveli

Nagar Haveli News

GST draft bills tabled in Parliament; peg peak rate at 40 per cent

Press Trust of India | Mar 27, 2017, 6:05 PM IST

Jaitley introduced a Central Goods and Service Tax or CGST bill which will amalgamate all the indirect central government levies like sales tax, service tax, excise duty, additional customs duty (Countervailing Duty), special additional duty of customs, surcharges and cesses. CGST provides for a maximum tax of 20 per cent.

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