The Tamil Nadu Goods and and Services Tax Bill, 2017, was introduced in the Assembly today.
The Minister for Commercial Taxes, KC Veeramani, introduced the Bill paving the way for the shift to the Goods and Services Tax regime.
The GST will replace the entire range of State and Central taxes on goods and services, including VAT, entry tax on goods and motor vehicles, entertainment tax, purchase tax and advertisement tax, and the Central levies like excise, service tax and central sales tax.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.