GST will have a multiplier effect on the economy with benefits accruing to various sectors as discussed below. Benefits to the exporters: The subsuming of major Central and State taxes in GST, complete and comprehensive setoff of input goods and services and phasing out of Central Sales Tax (CST) would reduce the cost of locally […]
The point of issue chosen for a study herein is the applicability of the common law’- (as opposed to legislation, also dubbed as man-made law)- Principle, in legal parlance known as the Doctrine Of Mutuality (the DoM), to any entity , being an Association of Persons; such as, social clubs in general, and so called housing associations in particular.
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