PERCEPTION AND EXPECTATION OF SERVICE AND MANUFACTURING INDUSTRY TOWARDS GST RULING AND DOCUMENTATION – A STUDY IN BENGALURU
Implementation of GST is the main taxation reform happened in the history of Indian Taxation System which leads to abolition of previous indirect taxation and implement Canadian type of (Dual taxation) indirect taxation in Indian economy. Changes and modification are the part of business environment in any economy which makes industries uncomfortable in the beginning of the changes. GST has brought changes drastically in terms of indirect taxation by replacing many types of indirect taxation like VAT, Excise duty, State tax etc., in the economy with which industries felt uncomfortable and expected few changes in the indirect taxation system
Input Tax Credit, E – Way Bill, Documentation, Credit Note, Advanced Ruling.