News
96% traders enroll to migrate to Goods and Services Tax
- Date:
- February 27, 2017
- Source:
- Times of India
Karnataka stands No. 1 in the country in terms of preparedness for the new tax regime of Goods and Services Tax (GST) expected to be rolled out on July 1. Karnataka has seen 96% of its traders enrolling themselves to migrate from the existing Value Added Tax (VAT) system to GST. The multiple levies, including VAT, service tax, central sales tax (CST), central excise duty, e…