Date: 11 October, 2017 Venue: Narmada College of Management On 11th of October, the session was held in MCA conference hall regarding GST by K.K Kamal. He is Chartered Accountant by profession. Previously, there were different tax rates in different states before GST came into existence. But with the birth of GST all the other/ unwanted taxes got removed.GST killed all the boundaries. Almost 22 countries removed boundaries. With the effect of GST, all the custom duties that were paid got removed. Previously there were total 400 types of taxes that are now converted into one tax rate that is GST. GST 1. Intra · Central · State 2. Inter Average 23% taxes were implied previously. Now, the tax rate system has got more transparent. In GST system, when the return is filed on time than the compliance goes up but when the return is filed late than the co...
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