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	<title>Accountinghead &#187; GST</title>
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		<title>Goods and service tax rate in India 20% in 2011 to 16 % by April 2013</title>
		<link>http://www.accountinghead.com/index.php/goods-and-service-tax-rate-in-india-2011-to-2013/</link>
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		<pubDate>Fri, 23 Jul 2010 03:41:41 +0000</pubDate>
		<dc:creator>SAJU ( ADMIN)</dc:creator>
				<category><![CDATA[GST]]></category>

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		<description><![CDATA[GST was proposed to implement on April 2010, but due to some arguments between state and central Government with regards to revenue loss and compensation to the state government, the implementation is postponed to April 2011, but this time Central government is keen to implement GST. Honorable finance minister Pranab Mukarji ensured the compensation to [...]]]></description>
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		<title>What is goods and service tax in India?</title>
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		<pubDate>Sat, 16 Jan 2010 12:56:20 +0000</pubDate>
		<dc:creator>SAJU ( ADMIN)</dc:creator>
				<category><![CDATA[GST]]></category>

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		<description><![CDATA[The reformed indirect tax system GST-Goods and service tax is proposed to implement on 1st April 2010 in India. Several countries implemented this tax mechanism followed by France, the first country introduced GST. Goods and service tax is a new version of VAT which gives a comprehensive setoff for input tax credit and subsuming many [...]]]></description>
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