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Revision as of 07:25, 18 June 2013

Sometimes, as these inventories either sit or whatever reasons aren't moving, the financial institution will put these items up for auction. As a result, law enforcing becomes extremely tough on revenue defaulters. The central excise duty must be converted into a full fledged manufacturing stage VAT on goods and services and also the States sales tax systems needs to be transformed into a retail stage destination based VAT, before the two are integrated.

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File:Http://versita.com/wp-content/uploads/2013/04/ManagementBusinessFinance-flyer-12-p2-723x1024.jpg

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