Telangana Legislature on Sunday passed The Telangana State Goods And Services Tax Bill, 2017, a legislation aimed at broadening the tax base and resulting in better tax compliance due to robust IT infrastructure.
With approval of draft GST bill on March 31 and and subsequent assent of the same by President, Centre asked states to pass the State GST bill in respective legislatures. Following the Centre’s request, the Telangana government passed The Telangana State Goods And Services Tax Bill, 2017, subsuming tax laws related to Value Added Tax (VAT), entertainment tax, entry tax of goods, luxury tax, entry tax of vehicles, horse races and betting tax, rural development act and advertisement tax.
Download The Telangana State Goods And Services Tax Bill, 2017
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Can any one please explain this?
What percentage should be gst on rented commercial property? Who should pay ?
Whether the person renting the accommodation should pay or owner needs to pay ?