GST in automotive industry, simplified yet concerning

After Indian Independent Act of 1947, Goods and Services Tax ( GST ) is probably the only bill which has taken longest-ever time to be passed and become an Act. First announcement to introduce GST was done in 2010, and it is expected to be implemented from July 1, 2017. The bill aimed at simplifying Indian tax structure is finally on the verge of turning into reality after a consistent struggle of…