Friday 7 April 2017

#AOJQuote of the day 7th April 2017:

“The VAT (value added tax) rate across the country is one per cent, except 1.2 per cent in Maharashtra and five per cent in Kerala, where under a composite scheme it comes to 1.5 per cent. If the (GST) rate is kept high as feared, trade will shift to the unorganised sector." Nitin Khandelwal, Chairman, All India Gems & Jewellery Trade Federation. 


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