VAT a roadmap to GST: Obstacles & Solution - Couverture souple

Kumar, Sunil ; Bagga, Tejwant Singh

9786204211244: VAT a roadmap to GST: Obstacles & Solution

Couverture souple

ISBN 10 : 6204211242 ISBN 13 : 9786204211244

Editeur : LAP LAMBERT Academic Publishing, 2021

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Present study concludes that the objectives of the VAT implementation could not be attained fully. VAT was implemented to abolish the shortcomings of the previous sales tax system but the research work shows that defects could not be medicated. Due to the reason why the present government planned to bring the GST in India as One tax one nation with major changes in the VAT system like introduction of CGST , SGST, IGST etc. The most important factor which is responsible for the VAT divergence is the State Rivalry causing rate war, unbalanced economic development and migration of the industrial units to the neighbouring state. There is dire need to bring uniformity across the states with respect to the VAT rates and various other legal provisions. Although the VAT Act has accelerated tax compliance but it has also given birth to a new type of problem i.e. the accumulation of the VAT refund which has made a dent on the working capital requirement and sending the future of the industry into dark. The problem of the VAT refund can not be resolved unless the VAT Act is effectively implemented.

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�diteur: LAP LAMBERT Academic Publishing
Date d'�dition: 2021
Langue: anglais
ISBN 10: 6204211242
ISBN 13: 9786204211244
Reliure: Broch�
Nombre de pages: 392
Coordonn�es du fabricant: non disponible
Personne responsable: KreGa Onlinehandel GmbH
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VAT a roadmap to GST: Obstacles & Solution

Sunil Kumar

Edit� par LAP LAMBERT Academic Publishing Okt 2021, 2021

ISBN 10 : 6204211242 ISBN 13 : 9786204211244

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Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Present study concludes that the objectives of the VAT implementation could not be attained fully. VAT was implemented to abolish the shortcomings of the previous sales tax system but the research work shows that defects could not be medicated. Due to the reason why the present government planned to bring the GST in India as One tax one nation with major changes in the VAT system like introduction of CGST , SGST, IGST etc. The most important factor which is responsible for the VAT divergence is the State Rivalry causing rate war, unbalanced economic development and migration of the industrial units to the neighbouring state. There is dire need to bring uniformity across the states with respect to the VAT rates and various other legal provisions. Although the VAT Act has accelerated tax compliance but it has also given birth to a new type of problem i.e. the accumulation of the VAT refund which has made a dent on the working capital requirement and sending the future of the industry into dark. The problem of the VAT refund can not be resolved unless the VAT Act is effectively implemented. 392 pp. Englisch. N� de r�f. du vendeur 9786204211244

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VAT a roadmap to GST: Obstacles & Solution

Sunil Kumar|Tejwant Singh Bagga

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VAT a roadmap to GST: Obstacles & Solution

Sunil Kumar (u. a.)

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VAT a roadmap to GST: Obstacles & Solution

Kumar, Sunil; Bagga, Tejwant Singh

Edit� par LAP LAMBERT Academic Publishing, 2021

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VAT a roadmap to GST: Obstacles & Solution

Sunil Kumar

Edit� par LAP LAMBERT Academic Publishing Okt 2021, 2021

ISBN 10 : 6204211242 ISBN 13 : 9786204211244

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Taschenbuch. Etat : Neu. This item is printed on demand - Print on Demand Titel. Neuware -Present study concludes that the objectives of the VAT implementation could not be attained fully. VAT was implemented to abolish the shortcomings of the previous sales tax system but the research work shows that defects could not be medicated. Due to the reason why the present government planned to bring the GST in India as One tax one nation with major changes in the VAT system like introduction of CGST , SGST, IGST etc. The most important factor which is responsible for the VAT divergence is the State Rivalry causing rate war, unbalanced economic development and migration of the industrial units to the neighbouring state. There is dire need to bring uniformity across the states with respect to the VAT rates and various other legal provisions. Although the VAT Act has accelerated tax compliance but it has also given birth to a new type of problem i.e. the accumulation of the VAT refund which has made a dent on the working capital requirement and sending the future of the industry into dark. The problem of the VAT refund can not be resolved unless the VAT Act is effectively implemented.VDM Verlag, Dudweiler Landstra�e 99, 66123 Saarbr�cken 392 pp. Englisch. N� de r�f. du vendeur 9786204211244

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VAT a roadmap to GST: Obstacles & Solution

Sunil Kumar

Edit� par LAP LAMBERT Academic Publishing, 2021

ISBN 10 : 6204211242 ISBN 13 : 9786204211244

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Taschenbuch. Etat : Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Present study concludes that the objectives of the VAT implementation could not be attained fully. VAT was implemented to abolish the shortcomings of the previous sales tax system but the research work shows that defects could not be medicated. Due to the reason why the present government planned to bring the GST in India as One tax one nation with major changes in the VAT system like introduction of CGST , SGST, IGST etc. The most important factor which is responsible for the VAT divergence is the State Rivalry causing rate war, unbalanced economic development and migration of the industrial units to the neighbouring state. There is dire need to bring uniformity across the states with respect to the VAT rates and various other legal provisions. Although the VAT Act has accelerated tax compliance but it has also given birth to a new type of problem i.e. the accumulation of the VAT refund which has made a dent on the working capital requirement and sending the future of the industry into dark. The problem of the VAT refund can not be resolved unless the VAT Act is effectively implemented. N� de r�f. du vendeur 9786204211244

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