Kerala would be the first state to be information technology prepared to implement the proposed Goods and Services Tax (GST), a survey conducted by KPMG said.
The Centre plans to introduce GST and DTC (Direct Taxes Code) from April 1, 2011. While DTC would replace the Income Tax Act, GST would replace most indirect taxes at the central and state levels like service tax, excise duty, VAT, cesses, surcharges and local levies.
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