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States scrap CST, service tax to revamp

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  • Published On: January 03, 2007
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It is now final, states will begin phasing out Central Sales Tax by April 1, 2007 and in return the finance minister has agreed to a compensation package for the phase out of the Central Sales Tax. States will be allowed to tax 44 more services that are of local importance like parking, legal services and primary education.
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