GST will boost competitiveness


"

The Goods and Services Tax (GST) will boost the competitiveness of micro, small and medium enterprises (MSMEs), noted a recent joint study by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and Ashvin Parekh Advisory Services (APAS). It will bring many positives compared to the current systems such as easy process of availing input credit, single point tax, elimination of cascading tax system, and simpler taxation. There is no doubt that GST is aimed to increase the taxpayer base and would put some burden of compliance and associated costs to MSME. But eventually, it will turn these MSMEs more competitive with a level playing field between large enterprises and them.

"

Written By Admin Name

Lorem ipsum dolor sit amet, consectetur adipisicing elit,There are many variations of passages of Lorem Ipsum available, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

View all posts by: Admin

Responses

Lorem ipsum dolor sit amet, consectetur adipisicing elit,There are many variations of passages of Lorem Ipsum available, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Lorem ipsum dolor sit amet, consectetur adipisicing elit,There are many variations of passages of Lorem Ipsum available, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Lorem ipsum dolor sit amet, consectetur adipisicing elit,There are many variations of passages of Lorem Ipsum available, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Leave your comment