#FinancialServices are provided by finance industry and gst brings incremental challenges due to the nature of their operations.
#GSTtax is a single tax for the whole nation and is applied on goods and services where final consumption happens.
#GSTtax will emerges India as one Common Market with no double taxation and no cascading effect.
#GoodsandServicestax, #gsttax will be very advantageous, if all states implement the GST on the same rates.
#GST is not the new tax,it is just the reformed version of old #servicetax levied by the central government.
#Implicationsofgst help to boost the Indian economy, it will remove cascading effect and double taxation
#GSTtaxrate charged by the last dealer in the supply chain, with set-off benefits at all the previous stages.
#Implicationsofgst in India will give us Uniformity of tax rates and structures with easy compliance.
#GSTtax is going to impact every sphere of business activity and would change doing business in India.
#gstrate is based on destination based consumption principle.