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A network for taxes

india Updated: Mar 17, 2012 00:15 IST
HT Correspondent
HT Correspondent
Hindustan Times
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The budget has proposed a Goods and Services Tax Network (GSTN) as a national information utility, to become operational by August. The GSTN will implement a common PAN-based registration, returns filing and payment processing system for all states on a shared platform.

A common registration form and a common returns for central excise and service tax, EST1, have also been proposed.