Background Material on GST

[CA MANJUNATH R S]

Dear All,

As you may be aware, proposed Goods & Services Tax (GST) is a broad based and a single comprehensive tax levied on goodsand services consumed in an economy. It is proposed to be comprehensive tax levy on manufacture, sale and consumption of goods as well as services at a national level. Integration of Goods and Services Tax would give India a world class tax system and improve tax collection. More than 100 countries across the world have introduced GST or Federal VAT in one form or the other.

The Institute of Chartered Accountants of India, with a view to update the members and other stakeholder at large about GST, has launched a Background Material on GST. The material covers various topics like concept of GST, its pros and cons, its feasibility & impact in India, challenges for Indian economy, GST in other countries etc. It is an all-inclusive material, which would provide an insight to the basic concepts of proposed GST regime. 

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Thanks & Regards,

CA Manjunath R S  BBM, ACA
Partner
M/s Suman & Manjunatha
Chartered Accountants,
No 20/3, 1st Floor,
Opp Vasavi Convention Hall,
Vanivilas Road, Basavanagudi,
Bangalore - 560 004

Ph:- +91 98809 19391