State confirms no GST revenue loss from out-of-state corporate billing under destination-based GST rules

State confirms no GST revenue loss from out-of-state corporate billing under destination-based GST rulesNewsGSTThe state government confirmed that there has been no loss of Goods and Services Tax (GST) revenue due to companies routing sales and billing th

State confirms no GST revenue loss from out-of-state corporate billing under destination-based GST rules
News
GST
The state government confirmed that there has been no loss of Goods and Services Tax (GST) revenue due to companies routing sales and billing through corporate offices outside the state. Under the destination-based GST regime effective from July 2017, tax revenue accrues to the state where goods or services are consumed, not where they are manufactured or billed. Consequentl

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =