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Wednesday, 2 November 2016

GST IN KOCHI IN CONSULTANATS

GST IN KOCHI IN CONSULTANATS





Kerala State Industrial Development Corporation (KSIDC) managing director M Beena said the introduction of GST will be a game-changer in terms of uniformity and transparency in taxes. "From a taxation and production point of view, GST will be advantageous for Kerala which is a consumerist state. The services sector will be covered and there will be no double taxation," she said.

CII Kerala State Council chairman Harikrishnan R Nair said once GST is in place, government revenues would improve. "Exporters will benefit with zero-rated tax on exports. At check posts, there will not be further commercial tax levy and goods vehicles will not have to wait for hours to pay tax," he said.
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