The current state indirect tax regime has provided a simpler compliance for small dealers known as the Composition Scheme.
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A revised version of the draft model Goods and Services Tax (GST) Act1, Integrated GST Act2 and Goods and Services Tax (Compensation to the States for loss of revenue) Bill3 has been issued by the Government of India.
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1) What’s the benefit of registering a business under GST?
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