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GST Payments & Refunds in India

GST Payments & Refunds in India

There are 3 ways to find the revenue neutral rate, this fact stated by the Subramanian Committee. As per the recommendation of Subramanian Committee, 18% is the revenue neutral rate. There are four different rate expected, 5%, 12%, 18%, and 28%. Under GST there is a remarkable change happens. 3 new terms introduced in the tax laws those are;

CGST : CGST refers to …

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