“To maximise ECONOMIC GAIN
&
minimize COMPLIANCE PAIN”
LESS TO MORE
- Increased economic activity and investment
- Fillip to ‘Make in India’ initiative and exports
- Generation of more employment
- Efficient neutralization of taxes to make our exports competitive
MORE TO LESS
- Single tax to replace multiple levies
- Single tax leviable on goods and services
- Automated process to reduce human interface
- Reduced cost of compliances for taxpayers
- Lesser logistics and inventory costs
Revised Draft Model GST Law and Draft IGST Law available in public domain.
The same can be accessed at www.cbec.gov.in , www.dor.gov.in or www.gst.in