The IGST provides for the levy and collection of tax on supply of goods and services between states.
The bill provides for a maximum tax of 40 per cent.
A new clause has been introduced in the IGST bill to permit refund of taxes to foreign tourists for products bought during their stay in India.
The tax refund will be on the lines of the VAT refund in England.
The bill provides for a maximum tax of 40 per cent.
A new clause has been introduced in the IGST bill to permit refund of taxes to foreign tourists for products bought during their stay in India.
The tax refund will be on the lines of the VAT refund in England.
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