Inverted Duty Structure: The Goods and Services Tax (GST) was introduced in 2017 with the promise of “One Nation, One Tax.” While it simplified many indirect taxes, it also created some unexpected ...
Indian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly ...
The inverted duty structure resulting from rate changes under the Goods and Services Tax (GST) 2.0 regime is hurting companies especially in the FMCG and over-the-counter (OTC) pharma sectors, with ...
(MENAFN- KNN India) New Delhi, Apr 2 (KNN) India's small and medium enterprises (SMEs) are facing increasing financial stress due to the inverted duty structure (IDS) under the Goods and Services Tax ...