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GST training institutes

The rates of taxation differed from state to state and many times the states slashed these rates to attract investors. This eventually resulted in the loss of revenue for both the governments- Central as well as state respectively.

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GST training institutes

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  1. GST training institutes, GST training institutes in Lucknow As per government and GST training institutes- “The rates of taxation differed from state to state and many times the states slashed these rates to attract investors. This eventually resulted in the loss of revenue for both the governments- Central as well as state respectively.” With the introduction of VAT/GST came about a unique system of taxation “One nation, one tax”. VAT or GST is a form of indirect taxes that is imposed on the value that is added to the product at

  2. every step of production and distribution. This structure brings in uniform taxation rates across all the states covering various sectors. The division of the tax collection is done on a predefined formula which determines the share of the central as well as the state government. With its implementation, the services and goods are offered at uniform rates without any execution of state taxes. GST impacts every business and industry in India; therefore it is always beneficial to know the intricacies of Taxation. NAS Training is among the GST training institutes in Lucknow.

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