As India is already one of the fastest growing economies of the world, there is a large scale increase in foreign trade - both imports and exports.
With the introduction of GST, the imports of the goods will be treated as interstate supplies and IGST will be levied on import of goods and services in the country.
It will have a greater positive impact on the exports as they will be treated as zero rated supplies. Maintaining a higher GST compliant rating can increase the odds for exports and imports businesses and effiGST can help you with end to end business management.
Some of the key features of effiGST are
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