Indirect tax laws - PowerPoint PPT Presentation

Goods &amp; Services Tax

Goods &amp; Services Tax. BY FAR THE MOST IMPORTANT TAX REFORM IN INDIAN HISTORY. ECONOMY: World is presently facing recession-II but Indian economy is still growing steadily against all odds.

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Who need GST ?

The history of tax reforms in India dates back to 1985, when the then government had announced the Long Term Fiscal Policy. The MODVAT laws â€“ which were the indirect tax laws we were following till 2017 â€“ were introduced in 1986. And then, almost thirty one years later, in 2017, the GST (Goods and services tax) made its way into Indian lives.

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Indirect tax laws - PowerPoint PPT Presentation

Goods &amp;amp; Services Tax

Who need GST ?

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Goods & Services Tax