GST to replace Central excise duty, sales tax

The Goods and Services Tax (GST), a value-added tax, will soon be implemented all over India concurrently by the Central and state governments, replacing the current Central excise duty and state sales tax levied on goods and services. A major step in tax reform in the country, it will metamorphose the functioning of the Central Excise Department. The role of excise and taxation officials has been transformed over the years, from enforcement officials to facilitators for trade, and all this with least possible interface requ-iring fewer visits on the part of tax payers to the offices.

Source: Deccan Chronicle