Friday, March 31, 2017

Hasmukh Adhia interview

Important interview by Revenue Secretary Hasmukh Adhia today on GST
https://t.co/ubtb8y5yzy

Key takeaways:
1. GST set to be deferred to Sept

2. Final tax rates at last moment.

3. Border Check-posts not required, but will continue.

4. E-permit mandatory for transport,  except for small parcels.

5. Entertainment taxes to continue but collection to remain with Municipality.

6. Zero-rating (as distinct from exemption) for food products in GST.

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