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The GST is meant to replace a slew of indirect taxes with a federated tax and is therefore expected to reshape the country's $3.5 trillion economy, but its implementation has received criticism. [6] [7] Positive outcomes of the GST includes the travel time in interstate movement, which dropped by 20%, because of disbanding of interstate check ...
The department generates the highest tax revenue for the state government. [1] The core function of the department is two pronged: implementation of taxes on various commodities and services as laid out by various tax laws enacted by Government of India and the state government and to maximize the collection of taxes.
The portal has transformed public procurement in India [1] by driving its three pillars, namely, inclusion, usability and transparency and efficiency and cost savings. [7] According to an independent assessment made by the World Bank, average savings for buyers in Government e Marketplace portal is about 9.75% on the median price. [8]
In April, 2008, the EC submitted a report, titled "A Model and Road map for Goods and Services Tax (GST) in India" containing broad recommendations about the structure and design of GST. In response to the report, the Department of Revenue made some suggestions to be incorporated in the design and structure of proposed GST bill.
CNL can refer to: Allensworth State Park station, California, United States, special-arrangement Amtrak station with code CNL; Cannon Lake, a microprocessor from Intel; Centre national du livre, French Government agency; CNL Financial Group, previously Commercial Net Lease
Ministry of Development (MR) – Central Registration and Information on Business (CEIDG) [70] – company register for natural persons trading as sole traders or their civil law partnerships (searchable); such companies are prohibited from performing certain activities (e.g. operating a life insurance company), and proper agricultural activity ...
CHECK – checkshot and acoustic calibration report; CHESM – contractor, health, environment and safety management; CHF – casing head flange; CHK – choke (a restriction in a flowline or a system, usually referring to a production choke during a test or the choke in the well control system) CHKSR – checkshot survey report
The agency is tasked with collecting, collating, and disseminating intelligence related to evasion of Goods and Service Tax (GST). In 1983, it became an independent Directorate and in 1998 the Directorate was upgraded to Directorate General with four zonal units in Chennai, Delhi, Kolkata, and Mumbai.