Goods and Services Tax (GST) was launched on 1st July 2017 as a single nationwide tax. Understandably, GST emails a very large number of daily transactions and huge collections. GST has summed a large diversity of central, state and local taxes into single tax loading to signification cause of and logistical efficiency. However to successfully establish this new taxation into a country as large and deviance as India, reqnined a significant break from the past systems that had evolved and settled in over more than 100 years. this included the way the tax receipts are accounted for, and reported... Read More