What are the advantages of IGST Model
Question 5
Bill
Overview of the IGST Act
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 5. What are the advantages of IGST Model?
Ans. The major advantages of IGST Model are:
a). A.Maintenance of uninterrupted ITC chain on inter-State transactions;
b) No upfront payment of tax or substantial blockage of funds for the inter-State seller or buyer;
c) No refund claim in exporting State, as ITC is used up while paying the tax;
d
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