AP Ranked Second in GST Preparedness

Andhra Pradesh Ranked Second in GST PreparednessAndhra Pradesh ranks second in the country in terms of preparedness for the new tax regime of Goods and Services Tax (GST) which roll out from tomorrow as 92% of its traders enrolling themselves to migrate from the existing Value Added Tax (VAT) system to GST.

Karnataka is leading the country. Multiple taxes including VAT, service tax, central sales tax (CST), central excise duty, entry tax, entertainment tax and luxury tax will be subsumed under the unified tax. All the traders with annual income more than 20 Lakhs will come under GST.

On the other side, there are concerns that there will be implementation errors in the first six months of GST rollout and everyone is fearing the demonetization like troubles. Andhra Pradesh Government had started a Redressal Call Center to address the issues faced by the traders.

Follow @mirchi9 for more User Comments
Will-Saaho-Provide-Another-Shock-For--BollywoodDon't MissWhat Would Be Shocking Performance For Saaho In Bollywood?The Bollywood industry is currently going through a transformation phase with old guard Khans struggling...Don't MissImpressive: Naidu Calm in The Storm of ControversyFormer Chief Minister of Andhra Pradesh, Chandrababu Naidu was subjected to frisking in Gannavaram Airport...Does-TDP-Really-Need--A-Political-StrategistDon't MissDoes TDP Really Need A Political Strategist?The news about TDP approaching Political Strategist Prashant Kishor's I-PAC went viral in the social...Game Over Telugu Movie Review, Taapsee's Game Over Review RatingsDon't MissGame Over Review - Out Of The Box GameBOTTOM LINE Out Of The Box Game OUR RATING 2.5/5 CENSOR 'U/A' Certified, 1 hrs...Governor's Speech Has No Mention About AmaravatiDon't MissGovernor's Speech Has No Mention About AmaravatiGovernor ESL Narasimhan had addressed a joint session of the Andhra Pradesh Assembly a little...