In Goods and Services Tax or GST promises to completely revolutionise the tax infrastructure in India. The IT department also needs to keep abreast of the different nuances of the tax regime so that their own systems are aligned when GST regime comes in to play.
This report prepared by government of India, touches the subject of GST in great detail. Talking about the various aspects of the law, the report is very handy for the IT guy to know and understand how and why GST will be implemented.
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